What's In Store For Mettler-Toledo's (MTD) Q4 Earnings?
Zacks Investment Research | Feb 04, 2020 07:09AM ET
Mettler-Toledo International, Inc. (NYSE:MTD) is set to report fourth-quarter 2019 results on Feb 6.
The company topped the Zacks Consensus Estimate in all the trailing four quarters, delivering average positive earnings surprise of 1.3%.
Q4 Estimates
For fourth-quarter 2019, Mettler-Toledo anticipates sales growth of 3% on a year-over-year basis in local currency. The Zacks Consensus Estimate for revenues is pegged at $840.2 million, indicating growth of 2.7% from the year-ago reported figure.
Adjusted earnings are anticipated in the range of $7.66-$7.71 per share, suggesting 12-13%year-over-year growth. The Zacks Consensus Estimate for earnings is currently pegged at $7.69 per share, indicating growth of 12.3% from the year-ago quarter.
Mettler-Toledo International, Inc. Price and EPS Surprise
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.