Mettler-Toledo International Inc reports results for the quarter ended March 31 - Earnings Summary
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Mettler-Toledo International Inc reported Q1 earnings of $8.19 per share, down from $8.89 a year ago, but above analysts' expectations of $7.89. Revenue decreased by 4.6% to $883.74 million, slightly above the forecast of $876.57 million. The company’s reported EPS was $7.81, with a net income of $163.59 million. Shares fell 9.3% this quarter and 12.5% year-to-date. Analysts maintain a "hold" rating, with a median 12-month price target of $1,352.50.
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