Mettler-Toledo Q3 adjusted EPS $10.21, +4% YoY; guides FY24 EPS $40.35-$40.50

METTLER TOLEDO INTERNATIONAL INC/

2024-Q3 EPS reported $28.55 revenue$2,827,234,000

Q3 reported sales $954.5M (+1% YoY); GAAP EPS $9.96 vs $9.21; adjusted EPS $10.21 vs $9.80.
Adjusted operating profit $296.6M flat YoY; local currency sales +1% overall, with Americas -1%.
Q4 guidance: local currency sales +8% (including ~6% shipping delay benefit); adj EPS $11.63-$11.78.
FY2024 adj EPS raised to $40.35-$40.50 from $40.20-$40.50; FY2025 initial adj EPS $41.85-$42.50.
CEO cited good Lab and Service growth, modest China growth, but challenging Industrial market.

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