Mettler-Toledo International Inc. Provides Business Update
Mettler-Toledo International, Inc. (MTD)
Last mettler-toledo international, inc. earnings: 2/6 04:10 pm
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Source: PR Newswire
COLUMBUS, Ohio, April 13, 2020 /PRNewswire/ -- Mettler-Toledo International Inc. (NYSE: MTD), a leading global supplier of precision instruments and services, announced today that due to the negative impact of the global spread of the COVID-19 pandemic, it is withdrawing 2020 annual guidance, which was provided on February 6, 2020. For the first quarter ended March 31, 2020, the Company expects that reported sales declined 4% and local currency sales declined 3% as currency reduced sales growth by 1%. The Company noted that first quarter local currency sales were negatively impacted by the COVID-19 pandemic on its operations in China as well as in other regions. The Company estimates that Adjusted EPS for the first quarter of 2020 will be below previously issued guidance. Adjusted EPS and local currency sales are non-GAAP financial measures. Mettler-Toledo International Inc. is a global market leader in the majority of its businesses. The Company has excellent competitive advantages
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- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Stifel Nicolaus from $1,550.00 to $1,450.00. They now have a "buy" rating on the stock.MarketBeat
- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Wells Fargo & Company from $1,400.00 to $1,350.00. They now have an "equal weight" rating on the stock.MarketBeat
- Mettler-Toledo International Inc. (NYSE: MTD) had its price target lowered by analysts at Robert W. Baird from $1,375.00 to $1,310.00. They now have a "neutral" rating on the stock.MarketBeat
MTD
Earnings
- 11/7/24 - Beat
MTD
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- 11/14/24 - Form 4
- MTD's page on the SEC website