Mettler-Toledo reports Q2 adjusted EPS $10.19, consensus $9.97

Reports Q2 revenue $982.1M, consensus $1.0B. The company said, “Sales growth in the second quarter included strong growth in our Service business, as well as solid performance across our Industrial product categories, which was offset in part by softer market conditions in Laboratory and China following very strong growth over the last couple of years. Focused execution of our margin expansion and disciplined cost control initiatives resulted in good growth in Adjusted EPS despite a very significant adverse foreign exchange impact.”