earnings
confidence high
sentiment negative
materiality 0.80
Mettler-Toledo Q1 adjusted EPS $8.19, down 8% YoY; cuts FY2025 guidance on tariff costs
METTLER TOLEDO INTERNATIONAL INC/
2024-Q1 EPS reported
$7.81
revenue$883,744,000
- Q1 reported sales $883.7M, -5% YoY; local currency sales -3% (+3% ex-delayed shipments).
- Adjusted EPS $8.19 vs $8.89 prior year; GAAP EPS $7.81; adjusted operating profit $236.7M.
- FY2025 adjusted EPS guidance cut to $41.25-$42.00 (0-2% growth) from prior $42.35-$43.00.
- Management estimates ~$115M annualized gross tariff cost; expects full offset by next year.
- Q2 guidance: local currency sales ~0-1% growth; adjusted EPS $9.45-$9.70 (down 2% to up 1%).