Mettler-Toledo International (MTD) reported Q3 adjusted earnings late Thursday of $10.21 per diluted share, up from $9.80 a year earlier.
Analysts surveyed by Capital IQ expected $10.01.
Net sales for the quarter ended Sept. 30 were $954.5 million, up from $942.5 million a year earlier.
Analysts surveyed by Capital IQ expected $944.4 million.
The company said it expects Q4 adjusted EPS of $11.63 to $11.78. Analysts surveyed by Capital IQ expect $11.86. The company expects local currency sales for the quarter to increase about 8%.
For full-year 2024, the company now expects adjusted EPS ranging from $40.35 to $40.50, versus previous guidance of $40.20 to $40.50. Analysts surveyed by Capital IQ are looking for $40.38. The company continues to expect local currency sales for the year to grow about 2%.
For 2025, Mettler-Toledo estimates adjusted EPS of $41.85 to $42.50 on local currency sales growth of about 3%. Analysts polled by Capital IQ expect adjusted EPS of $44.06.
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