Mettler-Toledo: Q2 Earnings Snapshot

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COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Mettler-Toledo International Inc. (MTD) on Thursday reported second-quarter earnings of $213.9 million.

The Columbus, Ohio-based company said it had profit of $9.69 per share. Earnings, adjusted for non-recurring costs, were $10.19 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $9.99 per share.

The maker of precision instruments posted revenue of $982.1 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $1 billion.

For the current quarter ending in September, Mettler-Toledo expects its per-share earnings to range from $9.55 to $9.85.

The company expects full-year earnings in the range of $40.30 to $41.20 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTD at https://www.zacks.com/ap/MTD

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