Mettler-Toledo Intl. (MTD) Tops Q4 EPS by 4c
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Mettler-Toledo International Inc. Reports Fourth Quarter 2017 Results
February 8, 2018 4:15 PM ESTCOLUMBUS, Ohio, Feb. 8, 2018 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced fourth quarter results for 2017. Provided below are the highlights:
Sales in local currency increased 6% in the quarter compared with the prior year. Reported sales increased 10% as currency increased sales growth by 4% in the quarter. Net earnings per diluted share as reported (EPS) were $2.93, compared with $5.17 in the prior-year period. Adjusted EPS was $5.97, an increase of 13% over the prior-year amount of $5.28. EPS includes a $2.74 income tax charge related to the new U.S. tax... More