Mettler-Toledo Q2 adjusted EPS $9.39, up 16% YoY; raises FY2022 guidance

METTLER TOLEDO INTERNATIONAL INC/

2021-Q3 EPS reported $16.84 revenue$1,876,178,000

Reported sales $978.4M (+10% local currency); Adjusted EPS $9.39 vs $8.10 prior year.
Local currency sales growth: Americas +12%, Europe +4%, Asia/Rest of World +14%; China growth robust.
Adjusted Operating Profit $285.4M, up 12% despite currency headwinds.
Raises FY2022 outlook: local currency sales growth 9-10% (prev. ~8%); Adjusted EPS $38.85-$39.05 (prev. $38.20-$38.50).
Q3 guidance: local currency sales growth ~8%; Adjusted EPS $9.75-$9.85, with 6% currency headwind.

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