Headline: Mettler-Toledo Q4 Earnings Beat Estimates, Revenue Surpasses Forecasts
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Mettler-Toledo International (MTD) reported strong fourth-quarter results, exceeding analyst expectations. Net income reached $252.3 million, translating to earnings per share (EPS) of $11.96. Adjusted EPS was $12.41, surpassing the consensus estimate of $11.69.
Revenue climbed to $1.05 billion, also outpacing analysts' projections of $1.01 billion. The precision instruments manufacturer attributed its performance to robust demand across various end markets.
For the current quarter ending in March, Mettler-Toledo anticipates EPS between $7.75 and $7.95. The company projects full-year earnings in the range of $42.35 to $43 per share.