Mettler-Toledo Q3 revenue rises 6%, beats estimates
MTD•Mettler-Toledo's third-quarter revenue rose 6% year over year to $1.09 billion, above the $1.07 billion estimate, while adjusted EPS grew 13%. The company raised its 2026 adjusted EPS forecast and expects 2027 adjusted EPS of $52.50 to $53.50.
1. Quarterly results
Third-quarter revenue increased 6% year over year to $1.09 billion, beating the $1.07 billion estimate. Net income was $245.95 million and pretax profit was $300.20 million. Adjusted EPS grew 13%, with the company citing improved sales volume and execution of strategic initiatives.
2. Outlook
Mettler-Toledo expects fourth-quarter local currency sales to rise about 5% and adjusted EPS of $14.84 to $15.04. It raised its 2026 adjusted EPS forecast to $47.70 to $47.90 from $47.15 to $47.50, and expects 2027 adjusted EPS of $52.50 to $53.50 on local currency sales growth of about 5%. The company said growth was especially strong in Asia and the rest of the world.
