Mettler-Toledo Intl Q2 Adj EPS $10.19 Beats $9.97 Estimate, Sales $982.12M Miss $1.00B Estimate
Portfolio Pulse from Benzinga Newsdesk
Mettler-Toledo Intl (NYSE:MTD) reported Q2 adjusted earnings of $10.19 per share, beating the analyst consensus estimate of $9.97 by 2.21%. This is an 8.52% increase from the same period last year. However, the company's quarterly sales of $982.12 million missed the analyst consensus estimate of $1.00 billion by 1.79%, a slight increase of 0.38% from last year.
July 27, 2023 | 8:17 pm
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Mettler-Toledo Intl's Q2 earnings beat estimates but sales missed. This mixed result may lead to uncertain short-term price movement.
Mettler-Toledo Intl's Q2 earnings beat analyst estimates, which is a positive signal for the stock. However, the company missed sales estimates, which is a negative signal. These mixed results may lead to uncertain short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100