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Mettler-Toledo is down 7.9% during the same time and is heading into earnings with an average analyst price target of $1,289 (compared to the current share price of $1,065).
Mettler-Toledo International Inc.'s (NYSE:MTD) sales were $1.045 billion in the fourth quarter, representing an increase of 12% in local currency and in US dollars compared to Q4 2023.
Mettler-Toledo has already suffered a soft market in China in recent years, and if a recession were to hit the U.S. and Europe (70% of its revenues), the impact would be more relevant.
Mettler Toledo now has a mix of American and Swiss character, with shares traded on the New York Stock Exchange. The company has about 11,200 employees worldwide; 3,000 of them are in the Americas.
COLUMBUS, Ohio--(BUSINESS WIRE)--Mettler-Toledo International Inc. (NYSE: MTD) announced it will release its fourth quarter 2024 financial results after the market close on Thursday, February 6, 2025.
Mettler-Toledo said its profit forecast includes headwinds from shipping delays and a stronger dollar. The firm's fourth-quarter sales rose 12% to $1.05 billion, beating estimates of $1.01 billion.
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