MTD - Mettler Toledo Non-GAAP EPS of $12.00 beats by $0.32 revenue of $1.06B beats by $30M

• Mettler Toledo press release ( NYSE: MTD ): Q4 Non-GAAP EPS of $12.00 beats by $0.32 .
• Revenue of $1.06B (+1.9% Y/Y) beats by $30M .
• Outlook
• The Company stated that forecasting remains challenging. Management cautions that market conditions are dynamic and changes to the business environment can occur quickly. There is uncertainty in the economic environment today, including the risk of recession in some countries, and management acknowledges that market conditions are subject to change. Based on today's assessment of market conditions, management anticipates local currency sales growth for the first quarter of 2023 will be approximately 6%, and Adjusted EPS is forecast to be $8.55 to $8.65, a growth rate of 9% to 10%. Included in the first quarter guidance is an estimated 6% headwind to Adjusted EPS growth due to adverse currency.

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