COLUMBUS, Ohio (AP) _ Mettler-Toledo Intercontinental Inc. (MTD) on Thursday documented fourth-quarter net revenue of $216.3 million.
On a per-share basis, the Columbus, Ohio-primarily based corporation mentioned it experienced revenue of $9.03. Earnings, adjusted for amortization fees and restructuring expenses, have been $9.26 for each share.
The success exceeded Wall Road expectations. The ordinary estimate of 5 analysts surveyed by Zacks Financial commitment Exploration was for earnings of $8.72 for each share.
The maker of precision instruments posted profits of $938 million in the period, also surpassing Road forecasts. 4 analysts surveyed by Zacks expected $903.9 million.
For the calendar year, the firm noted earnings of $602.7 million, or $24.91 per share. Profits was claimed as $3.09 billion.
Mettler-Toledo shares have climbed just about 7% given that the beginning of the year. In the last minutes of investing on Thursday, shares hit $1,216.94, a climb of 58% in the past 12 months.
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This tale was created by Automatic Insights (http://automatedinsights.com/ap) making use of information from Zacks Expense Study. Access a Zacks stock report on MTD at https://www.zacks.com/ap/MTD
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