Mettler-Toledo: Q2 Earnings Snapshot

July 28, 2022 GMT

COLUMBUS, Ohio (AP) _ Mettler-Toledo International Inc. (MTD) on Thursday reported second-quarter net income of $212.1 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of $9.29. Earnings, adjusted for one-time gains and costs, came to $9.39 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $8.73 per share.

The maker of precision instruments posted revenue of $978.4 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $946 million.

For the current quarter ending in October, Mettler-Toledo expects its per-share earnings to range from $9.75 to $9.85.

The company expects full-year earnings in the range of $38.85 to $39.05 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTD at https://www.zacks.com/ap/MTD