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Mettler Toledo International Inc Updates FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance; Issues Q1 2013 Guidance Below Analysts' Estimates

Wednesday, 6 Feb 2013 04:01pm EST 

Mettler Toledo International Inc updated fiscal 2013 guidance and expects local currency sales growth to be in the range of 1% to 3%, with growth stronger in the second half of the year. The sales growth is expected to result in adjusted earnings per share (EPS) in the range of $10.30-$10.55, an increase of 7% to 9%. This compares to previous guidance of adjusted EPS in the range of $10.00 to $10.30. For first quarter of 2013, it expects sales in constant currency to be in line with the prior year and adjusted EPS to be in the range of $1.75-$1.80, an increase of 5% to 8%. The Company reported revenue of $2.341 billion in fiscal 2012 and revenue of $535.40 million in first quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $2.41 billion and EPS of $10.36 for fiscal 2013; revenue of $541 million and EPS of $1.82 for first quarter of 2013. 

Company Quote

0.04 +0.01%
29 Aug 2014