COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Mettler-Toledo International Inc. (MTD) on Thursday reported third-quarter earnings of $217.5 million.
On a per-share basis, the Columbus, Ohio-based company said it had profit of $10.57. Earnings, adjusted for amortization costs and restructuring costs, were $11.15 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $10.62 per share.
The maker of precision instruments posted revenue of $1.03 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $991.7 million.
For the current quarter ending in December, Mettler-Toledo expects its per-share earnings to range from $12.68 to $12.88.
The company expects full-year earnings in the range of $42.05 to $42.25 per share.
_____
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