Wall Street analysts expect Mettler-Toledo (MTD) to post quarterly earnings of $10 per share in its upcoming report, which indicates a year-over-year increase of 2%. Revenues are expected to be $941.93 million, down 0.1% from the year-ago quarter.

Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

In light of this perspective, let's dive into the average estimates of certain Mettler-Toledo metrics that are commonly tracked and forecasted by Wall Street analysts.

Based on the collective assessment of analysts, 'Net sales- Products' should arrive at $724.03 million. The estimate points to a change of +0.2% from the year-ago quarter.

Analysts predict that the 'Net sales- Service (Point in Time+Over Time)' will reach $218.07 million. The estimate indicates a change of -0.8% from the prior-year quarter.

The consensus estimate for 'Net sales- Retail' stands at $49.44 million. The estimate indicates a year-over-year change of -27%.

Analysts expect 'Net sales- Industrial' to come in at $372.40 million. The estimate points to a change of +1.8% from the year-ago quarter.

The average prediction of analysts places 'Net sales- Laboratory' at $519.52 million. The estimate indicates a year-over-year change of +2.1%.

View all Key Company Metrics for Mettler-Toledo here>>>

Shares of Mettler-Toledo have experienced a change of -7.6% in the past month compared to the +0.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), MTD is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

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