Mettler-Toledo Q1 adj. EPS $7.87, up 20% YoY; raises FY sales growth outlook to ~8%

METTLER TOLEDO INTERNATIONAL INC/

2022-Q1 EPS reported $7.55 revenue$897,791,000

Reported sales $897.8M, +12% reported / +14% local currency; GAAP EPS $7.55 vs $6.32.
Adjusted EPS $7.87 vs $6.56 (+20%); Adjusted operating profit $241.2M, +15%.
Local-currency sales growth: Americas +16%, Europe +10%, Asia/Rest of World +15%.
FY 2022 guidance: local-currency sales growth ~8% (prev. ~7%); adjusted EPS $38.20-$38.50.
Q2 2022 guidance: local-currency sales growth ~7%; adjusted EPS $8.70-$8.80.

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