COLUMBUS, Ohio (AP) _ Mettler-Toledo International Inc. (MTD) on Thursday reported second-quarter profit of $184.8 million.
On a per-share basis, the Columbus, Ohio-based company said it had profit of $7.85. Earnings, adjusted for amortization costs and restructuring costs, came to $8.10 per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $7.64 per share.
The maker of precision instruments posted revenue of $924.4 million in the period.
For the current quarter ending in October, Mettler-Toledo expects its per-share earnings to range from $8.12 to $8.27.
The company expects full-year earnings in the range of $32.60 to $32.90 per share.
Mettler-Toledo shares have risen 33% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $1,511.70, a rise of 68% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MTD at https://www.zacks.com/ap/MTD
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