NYSE$MTD
Mettler-Toledo International Inc · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Mettler-Toledo's first quarter results were announced, revealing a sales decrease of 4% and an adjusted EPS decrease of 2% compared to the prior year.
Mettler-Toledo International Inc. reported a 4% decrease in sales and a 2% decrease in adjusted EPS for the first quarter of 2020, as COVID-19 significantly impacted sales in China and other regions. Gross margins improved, and adjusted operating margins were maintained through margin and cost containment initiatives. The company is not providing full-year guidance due to the uncertainty surrounding COVID-19.
- Reported sales decreased by 4% compared to the prior year, with local currency sales down by 3%.
- Net earnings per diluted share (EPS) were $4.03, while adjusted EPS was $4.00, a 2% decrease year-over-year.
- Sales in the Americas increased by 2%, while sales in Europe and Asia/Rest of World decreased by 7% and 10%, respectively.
- The company expects local currency sales to decline approximately -8% to -12% and adjusted EPS to be in the range of $4.05 to $4.45 for the second quarter of 2020.
Headline financials
Revenue & EPS history
Mettler-Toledo · Revenue · Quarterly
$649M
Forward guidance
For the second quarter 2020, the Company estimates that local currency sales will decline approximately -8% to -12%, and Adjusted EPS is forecasted to be in the range of $4.05 to $4.45.
Tailwinds
- Margin and productivity initiatives are expected to continue to benefit the company.
- Temporary cost containment measures have been implemented.
- Reductions in discretionary spending are in place.
- The company is focused on being well-positioned for the recovery.
- The company believes it can capitalize on its strong competitive advantages.
Headwinds
- Forecasting is very difficult given the significant uncertainty surrounding COVID-19.
- There is ensuing impact to the global economic environment.
- The company will not provide an estimate for full year sales growth.
- The company will not provide an estimate for Adjusted EPS for 2020.
- Market dynamics and impacts related to COVID-19 are fluid and changes to the economic environment can happen quickly.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+0.6%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+0.0%
Avg return
30 days after
59%
41 / 69 earnings
Positive
+20.5%
Q1 2024
Best reaction
-8.0%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | -22.7% | -12.5% | |
| Q4 2025 | -0.7% | +0.7% | -12.5% | |
| Q3 2025 | +0.0% | +0.6% | -1.7% | |
| Q2 2025 | -3.0% | -1.0% | +5.5% | |
| Q1 2025 | +4.0% | +2.6% | +9.4% | |
| Q4 2024 | +2.4% | -3.3% | -4.8% | |
| Q3 2024 | -6.3% | -9.8% | -10.0% | |
| Q2 2024 | -5.2% | -9.1% | -5.4% | |
| Q1 2024 | +20.5% | +19.4% | +14.8% | |
| Q4 2023 | -3.2% | -4.6% | +8.3% | |
| Q3 2023 | +0.6% | +1.0% | +5.0% | |
| Q2 2023 | -2.0% | -3.8% | -12.0% | |
| Q1 2023 | -4.5% | -7.8% | -10.7% | |
| Q4 2022 | -2.7% | -0.6% | -7.8% | |
| Q3 2022 | +3.7% | +9.1% | +20.0% | |
| Q2 2022 | +6.0% | +5.2% | -1.7% | |
| Q1 2022 | -4.6% | -11.6% | -5.9% | |
| Q4 2021 | -8.0% | -8.0% | -15.7% | |
| Q3 2021 | +3.2% | +5.9% | +4.0% | |
| Q2 2021 | -0.9% | +0.6% | +5.2% | |
| Q1 2021 | -1.1% | -4.1% | -2.8% | |
| Q4 2020 | +0.6% | +1.5% | -10.8% | |
| Q3 2020 | +9.3% | +4.2% | +4.8% | |
| Q2 2020 | +4.1% | +3.4% | +7.6% | |
| Q1 2020 | +0.6% | -3.6% | +20.1% | |
| Q4 2019 | +1.0% | +0.1% | -8.1% | |
| Q3 2019 | -0.1% | +0.2% | +7.2% | |
| Q2 2019 | -5.1% | -6.6% | -13.2% | |
| Q1 2019 | -1.7% | -2.4% | +6.8% | |
| Q4 2018 | +1.1% | +2.6% | +3.9% | |
| Q3 2018 | +2.6% | -0.6% | -0.3% | |
| Q2 2018 | -3.7% | -3.3% | -7.3% | |
| Q1 2018 | -1.4% | -2.6% | +1.5% | |
| Q4 2017 | -6.5% | -4.4% | -4.0% | |
| Q3 2017 | -6.3% | -9.4% | -9.4% | |
| Q2 2017 | -3.3% | -4.1% | -1.2% | |
| Q1 2017 | +6.0% | +6.6% | +16.3% | |
| Q4 2016 | +6.2% | +6.4% | +10.6% | |
| Q3 2016 | +4.8% | +7.2% | +2.4% | |
| Q2 2016 | +5.2% | +2.4% | +4.7% | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | +0.8% | — | — | |
| Q3 2015 | +4.7% | — | — | |
| Q2 2015 | -0.0% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | -0.5% | — | — | |
| Q3 2014 | +6.9% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | +2.2% | — | — | |
| Q4 2013 | +6.8% | — | — | |
| Q3 2013 | -3.4% | — | — | |
| Q2 2013 | -1.1% | — | — | |
| Q1 2013 | +6.2% | — | — | |
| Q4 2012 | +2.5% | — | — | |
| Q3 2012 | +3.3% | — | — | |
| Q2 2012 | +3.1% | — | — | |
| Q1 2012 | -7.9% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | +5.7% | — | — | |
| Q2 2011 | -7.6% | — | — | |
| Q1 2010 | -7.6% | — | — | |
| Q1 2011 | +0.7% | — | — | |
| Q4 2008 | +0.8% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q3 2010 | +3.1% | — | — | |
| Q3 2009 | +3.1% | — | — | |
| Q4 2009 | +0.9% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q2 2009 | +0.9% | — | — |
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