Mettler-Toledo Intl Q4 Adj EPS $9.40 Misses $10.10 Estimate, Sales $934.99M Miss $958.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mettler-Toledo Intl (MTD) reported Q4 adjusted EPS of $9.40, missing the $10.10 estimate, and sales of $934.99M, below the $958.37M estimate. This represents a 22.31% decrease in earnings and an 11.63% decrease in sales from the same period last year.
February 08, 2024 | 10:01 pm
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Mettler-Toledo Intl reported a significant miss in both Q4 adjusted EPS and sales, with a notable year-over-year decrease in performance.
The miss in both earnings per share and sales compared to analyst estimates, coupled with the significant year-over-year decline, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100