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Mettler-Toledo International (MTD)
NYSE:MTD
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$11.72Last Year’s EPS
$9.4Same Quarter Last Year
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -14.56%
|Next Earnings Date:Feb 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed view with strong service and laboratory performances but significant challenges in China and industrial markets. Despite some growth areas, the general market conditions and specific regional challenges weigh heavily on the outlook.Company Guidance
During the Mettler-Toledo third quarter 2024 earnings call, the company provided guidance that anticipates local currency sales growth of approximately 8% for the fourth quarter, influenced by a 6% benefit from prior year shipping delays. Adjusted EPS is projected to range between $11.63 and $11.78, with full-year 2024 local currency sales forecasted to grow by 2%, or decline by 1% excluding the shipping delays. The full-year adjusted EPS expectation is between $40.35 and $40.50. Looking ahead to 2025, initial guidance suggests a 3% increase in local currency sales, with adjusted EPS growth of 4% to 5%, despite a 1.5% headwind from the prior year's shipping adjustments. The company forecasts free cash flow of approximately $850 million for 2024 and $860 million for 2025, with share repurchases of $875 million expected in 2025.Service Business Growth
Service represented approximately 25% of sales and grew 7% year-to-date in local currencies, with strong growth of 9% in the third quarter.
Process Analytics Recovery
The Process Analytics business returned to solid growth as bioproduction customers finished destocking excess inventories.
Adjusted EPS Growth
Adjusted EPS for the quarter was $10.21, a 4% increase over the prior year.
Laboratory Business Performance
Laboratory sales increased 5% for the quarter, with good growth across the portfolio and regions.
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MTD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MTD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $1411.52 | $1310.03 | -7.19% |
| Aug 01, 2024 | $1515.35 | $1441.43 | -4.88% |
| May 09, 2024 | $1290.42 | $1510.25 | +17.04% |
| Feb 08, 2024 | $1224.97 | $1174.51 | -4.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mettler-Toledo International (MTD) report earnings?
Mettler-Toledo International (MTD) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Mettler-Toledo International (MTD) earnings time?
Mettler-Toledo International (MTD) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTD EPS forecast?
MTD EPS forecast for the fiscal quarter 2024 (Q4) is $11.72.
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