Middleby Corp expected to post earnings of $2.42 a share - Earnings Preview

The Middleby

17/02/2023 14:39

* Middleby Corp  MIDD.OQ   MIDD.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 21. 
    * The Elgin Illinois-based  company is expected to report  a
16.9% increase in revenue to $1.012 billion from $866.42 million
a year ago, according to the mean estimate from 8 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Middleby Corp is
for
earnings of $2.42 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Middleby
Corp is
$174​, above​ its last closing price of $155.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  2.35        2.36       2.18      Missed  -7.5
 Jun. 30 2022  2.11        2.10       2.23      Beat    6
 Mar. 31 2022  2.10        2.10       2.13      Beat    1.2​
 Dec. 31 2021  2.02        2.03       2.11      Beat    4
 ​​Sep.        1.97        2.01       1.92      Missed  -4.5
 30 2021                                                
 Jun. 30 2021  2.09        2.07       2.11      Beat    1.8​
 Mar. 31 2021  1.63        1.62       1.79      Beat    10.3
 Dec. 31 2020  1.45        1.42       1.62      Beat    14.5
 This summary was machine generated February 17 at 14:39 GMT. 
All figures in US dollars  unless otherwise stated