earnings
confidence high
sentiment positive
materiality 0.70
Mettler-Toledo Q2 adjusted EPS $10.09 (+5% YoY); raises FY25 guidance
METTLER TOLEDO INTERNATIONAL INC/
2024-Q2 EPS reported
$17.56
revenue$1,866,965,000
- Q2 reported sales $983.2M (+4% YoY); local currency sales +2%; GAAP EPS $9.76, prior year had $1.07 tax benefit.
- Adjusted EPS $10.09 (+5% YoY); Adjusted Operating Profit $283.3M.
- FY25 guidance: local currency sales +1-2%; Adj EPS $42.10-$42.60, above prior $41.25-$42.00.
- Q3 guidance: local currency sales +3-4%; Adj EPS $10.55-$10.75.
- Annualized gross tariff costs ~$60M (reduced from $115M); mitigation actions expected to largely offset.