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Mettler-Toledo Q2 Adjusted Earnings, Sales Decline; 2024 EPS Guidance Raised
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Mettler-Toledo Q2 Adjusted Earnings, Sales Decline; 2024 EPS Guidance Raised
Aug 1, 2024 2:27 PM

05:05 PM EDT, 08/01/2024 (MT Newswires) -- Mettler-Toledo International ( MTD ) reported Q2 adjusted earnings late Thursday of $9.65 per diluted share, down from $10.19 a year earlier.

Analysts surveyed by Capital IQ expected $9.05.

Net sales for the quarter ended June 30 were $946.8 million, down from $982.1 million a year earlier. Analysts surveyed by Capital IQ expected $929.9 million.

The company expects Q3 adjusted EPS of $9.90 to $10.05. Analysts expect $10.43.

For full year 2024, the company now expects adjusted EPS ranging from $40.20 to $40.50. It previously expected $39.90 to $40.40. Analysts are looking for $40.24.

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