Mettler-Toledo International Inc. · MTD · FY2025 Q2 · Calendar Q3 2025

MTD: EPS Beat, but Tariffs Keep Guidance Under Pressure

MTD's quarter supports a cautiously constructive view: EPS growth and strength in industrial and product inspection are positives, but tariff exposure, China and Europe demand, and lower guidance temper visibility.

Reported After market closeNYSEHealthcare $30.99B market cap
100quality score

Earnings scorecard

Reported versus consensus
Reported EPS $10.09 Consensus $9.60
EPS surprise +5.1% Reported versus consensus
Reported revenue $983.2M Consensus $957.6M
Revenue surprise +2.7% Reported versus consensus

Market reaction

event-close to next-session close
Stock move -3.0% Event window
SPY move -1.6% Same window
Abnormal move -1.3% Stock minus SPY
Volume 2.2× Versus trailing sessions
Subsequent drift +8.7% Up to 20 sessions
MTDSPY benchmark

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Transcript intelligence

What changed

Management reported 5% adjusted EPS growth and modest sales growth. Full-year adjusted EPS guidance was trimmed by $0.40 because of higher Swiss tariffs, while mitigation is expected to offset those costs in 2026.

Guidance delta

Full-year 2025 adjusted EPS guidance was trimmed by $0.40 because of higher Swiss tariffs; management still expects modest growth and said mitigation should offset tariff costs in 2026.

Key takeaways

  • Adjusted EPS grew 5% year over year to $10.09 despite modest local-currency sales growth.
  • Industrial, product inspection and bioprocessing were identified as areas of double-digit growth.
  • Management said tariff mitigation is expected to fully offset costs in 2026.
  • Onshoring and equipment replacement cycles are the main longer-term growth drivers cited in the analysis.

Management priorities

  • Roll out digital analytical and single-use sensor families
  • Scale the Spinnaker platform for onshoring opportunities
  • Increase regional manufacturing capacity
  • Expand service coverage and the product-inspection portfolio

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Earnings History

Estimate Beat Miss Match
MTD EPS earnings history estimate and actual scatter chart 9 reported fiscal quarters and 3 future estimate-only quarters. Q1 '24 estimate $7.64 Q1 '24 actual $8.89, beat Q2 '24 estimate $9.03 Q2 '24 actual $9.65, beat Q3 '24 estimate $10.01 Q3 '24 actual $10.21, beat Q2 '25 estimate $9.60 Q2 '25 actual $10.09, beat Q3 '25 estimate $10.66 Q3 '25 actual $11.15, beat Q4 '25 estimate $12.80 Q4 '25 actual $13.36, beat Q1 '26 estimate $8.71 Q1 '26 actual $8.91, beat Q2 '26 estimate $10.85 Q2 '26 actual $11.46, beat Q3 '26 estimate $12.12 Q4 '26 estimate $14.92 Q1 '27 estimate $10.03
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Analyst Consensus ?

ConsensusHold18 ratings
Bullish844.4%
Neutral1055.6%
Bearish00.0%

1 unmapped firm rating excluded from the percentages.

Analyst 52W Price Targets

$1,533.48Previous close
$1,100Low
$1,428.07Average
$1,700High

Latest persisted target per named analyst; persisted previous close from FN2's market snapshot as of Oct 8, 2026. Not an FN2 forecast.

Firm-level rating actions

FMP grade actions identify the grading firm, not a named analyst.

FirmRatingPrior ratingActionDate
Barclays Overweight OverweightMaintainOct 7, 2026
Morgan Stanley Equal Weight Equal WeightMaintainAug 4, 2026
Wells Fargo Equal Weight Equal WeightMaintainAug 3, 2026
Stifel Buy BuyMaintainAug 3, 2026
Evercore ISI Group Outperform OutperformMaintainAug 3, 2026
Show 14 more rating actions

Named analyst price targets

Upside is calculated against the persisted previous close $1,533.48. FMP does not supply a rating on these named-analyst rows.

FirmAnalyst52W targetPrice when postedUpsideDate
BarclaysAnalyst unavailable$1,700$1,533.07 +10.9%Oct 7, 2026
RBC CapitalDan Leonard$1,515$1,405.14 -1.2%Sep 1, 2026
Morgan StanleyKallum Titchmarsh$1,450$1,433.89 -5.4%Aug 4, 2026
BarclaysAnalyst unavailable$1,575$1,416.3 +2.7%Aug 3, 2026
Stifel NicolausDaniel Arias$1,600$1,416.3 +4.3%Aug 3, 2026
See 27 more

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Company context

Snapshot as of publication

Mettler-Toledo International Inc. (MTD) is a global enterprise dedicated to the production and provision of precision instruments and related services. The company's operations are strategically organized across five geographical divisions: its domestic U.S. market, Swiss operations, Western European activities, Chinese operations, and an 'Other' segment covering remaining territories. Their extensive product portfolio serves diverse scientific and industrial needs. Within the laboratory sphere, Mettler-Toledo supplies a comprehensive array of equipment, including high-precision balances, advanced liquid handling systems (such as pipetting solutions), automated laboratory reactors, titrators, pH meters, sensors and analyzers for process analytics, instruments for evaluating physical properties, thermal analysis systems, and various other analytical tools. These hardware offerings are complemented by LabX, their proprietary software platform designed for managing and analyzing instrument-generated data.…

Historical context

All MTD earnings

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Latest beats and misses

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Sources

  1. Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
  2. FN2 earnings calendar · 2026-07-26T00:37:55.686058+00:00
  3. Polygon adjusted daily market bars · 2026-10-08T10:40:46.142483+00:00
  4. Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-08T10:40:46.139626+00:00

Methodology

Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.

Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.

Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.

By FN2 Research · Updated · As of 2026-10-08. For educational purposes only; not investment advice.