earnings
confidence high
sentiment positive
materiality 0.75
Mettler-Toledo Q1 adj EPS $8.69 (+10% YoY); sales +7% LC; raises FY guidance
METTLER TOLEDO INTERNATIONAL INC/
2022-Q1 EPS reported
$8.47
revenue$928,738,000
- Reported sales $929M (+3% reported, +7% LC); currency headwind -4%.
- GAAP EPS $8.47 vs $7.55; adjusted EPS $8.69 vs $7.87, up 10%.
- Adjusted operating profit $266.5M, up 10% from $241.2M.
- Q2 outlook: LC sales growth ~3%, adj EPS $9.90-$10.00 (5-7% growth).
- FY 2023: LC sales growth ~5%, adj EPS $43.65-$43.95 (prior $43.55-$43.95), +10-11% growth.