Mettler-Toledo (MTD) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Company Overview - Mettler-Toledo (MTD) is expected to report quarterly earnings of $10 per share, reflecting a year-over-year increase of +2% [3] - Revenues are anticipated to be $941.93 million, which is a slight decrease of 0.1% from the previous year [3] Earnings Expectations - Wall Street anticipates a year-over-year increase in earnings despite lower revenues, indicating a focus on earnings performance over revenue growth [1] - The upcoming earnings report is scheduled for November 7, and stock movement may depend on whether actual results exceed or fall short of expectations [2] Estimate Revisions and Predictions - The consensus EPS estimate has remained unchanged over the last 30 days, suggesting stability in analyst expectations [4] - Mettler-Toledo has an Earnings ESP of -0.60%, indicating a bearish outlook from analysts regarding the company's earnings prospects [10] - The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [11] Historical Performance - In the last reported quarter, Mettler-Toledo exceeded the expected earnings of $9 per share by delivering $9.65, resulting in a surprise of +7.22% [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Context - Another player in the scientific instruments industry, Bruker (BRKR), is expected to report earnings of $0.61 per share, reflecting a year-over-year decline of -17.6% [17] - Bruker's revenues are projected to be $865.34 million, which is an increase of 16.5% from the previous year [17] - Bruker has an Earnings ESP of -1.33% and a Zacks Rank of 4, indicating challenges in predicting an earnings beat [18]