Mettler-Toledo Intl. (MTD) Tops Q2 EPS by $1.09, Revenues Beat; Offers 3Q & FY20 EPS Guidance Above Consensus
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Mettler-Toledo International Inc. Reports Second Quarter 2020 Results
July 30, 2020 4:10 PM EDTCOLUMBUS, Ohio, July 30, 2020 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD) today announced second quarter results for 2020. Provided below are the highlights:
Reported sales decreased 6% compared with the prior year. In local currency, sales decreased 4% in the quarter as currency reduced sales by 2%. Net earnings per diluted share as reported (EPS) were $5.22, compared with $5.06 in the prior-year period. Adjusted EPS was $5.29, an increase of 3% over the prior-year amount of $5.16. Adjusted EPS is a non-GAAP measure, and a reconciliation to EPS is included on the last page of the attached... More