COLUMBUS, Ohio (AP) _ Mettler-Toledo International Inc. (MTD) on Thursday reported second-quarter profit of $126.6 million.
The Columbus, Ohio-based company said it had profit of $5.22 per share. Earnings, adjusted for one-time gains and costs, were $5.29 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.27 per share.
The maker of precision instruments posted revenue of $690.7 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $647.4 million.
For the current quarter ending in October, Mettler-Toledo expects its per-share earnings to range from $5.80 to $6.
The company expects full-year earnings in the range of $22.70 to $23.20 per share.
Mettler-Toledo shares have risen 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $895.17, a climb of 18% in the last 12 months.