Mettler-Toledo Q4 adj EPS $10.53 beats $9.26 YoY; guides 2022 above prior expectations

METTLER TOLEDO INTERNATIONAL INC/

2021-FY EPS reported $32.78 revenue$3,717,930,000

Q4 GAAP EPS $9.94 vs $9.03 YoY; adjusted EPS $10.53 (+14% vs $9.26).
Q4 revenue $1.037B, up 11% YoY reported and in local currency.
Full-year 2021 revenue $3.718B (+21%); adj EPS $34.01 (+32% vs $25.72).
2022 guidance raised: adj EPS $38.15-$38.50 (prior $37.25-$37.65); local currency sales growth ~7% (prior ~6%).
Q1 2022 outlook: local currency sales growth ~10%; adj EPS $7.25-$7.35 (+11-12% YoY).

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