Mettler-Toledo Intl. (MTD) Tops Q1 EPS by 5c, Offers Q2 and FY Guidance
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Mettler-Toledo International Inc. Reports First Quarter 2019 Results
May 9, 2019 4:10 PM EDTCOLUMBUS, Ohio, May 9, 2019 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced first quarter results for 2019. Provided below are the highlights:
Reported sales increased 3% compared with the prior year. In local currency, sales increased 7% in the quarter as currency reduced sales growth by 4%. Net earnings per diluted share as reported (EPS) were $4.42, compared with $3.58 in the prior-year period. Adjusted EPS was $4.10, an increase of 10% over the prior-year amount of $3.74. Adjusted EPS is a non-GAAP measure, and we have included a reconciliation to EPS on the... More