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Mettler-Toledo International Inc. (MTD) reported a profit for its third quarter that rose from last year.


RTTNews | Nov 5, 2020 04:35PM EST

16:34 Thursday, November 5, 2020 (RTTNews.com) - Mettler-Toledo International Inc. (MTD) reported a profit for its third quarter that rose from last year.

The company's bottom line came in at $161.77 million, or $6.68 per share. This compares with $129.40 million, or $5.20 per share, in last year's third quarter.

Analysts had expected the company to earn $5.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.1% to $807.36 million from $753.87 million last year.

Mettler-Toledo International Inc. earnings at a glance:

-Earnings (Q3): . vs. . last year.-EPS (Q3): $7.02 vs. $5.77 last year.-Analysts Estimate: $5.95-Revenue (Q3): $807.36 Mln vs. $753.87 Mln last year.

-Guidance:Full year EPS guidance: $24.87 to $24.97

Read the original article on RTTNews ( https://www.rttnews.com/3143589/mettler-toledo-international-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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