Middleby Corp reports results for the quarter ended March 31 - Earnings Summary
07/05/2025 13:45
Middleby Corp MIDD.OQ reported quarterly adjusted earnings of $2.08 per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.89. The mean expectation of nine analysts for the quarter was for earnings of $1.96 per share. Wall Street expected results to range from $1.79 to $2.19 per share. Revenue fell 2.2% to $906.63 million from a year ago; analysts expected $941.45 million. Middleby Corp's reported EPS for the quarter was $1.69. The company reported quarterly net income of $92.35 million. Middleby Corp shares had fallen by 10.9% this quarter and lost 0.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 3.5% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy" Wall Street's median 12-month price target for Middleby Corp is $184.00 This summary was machine generated from LSEG data May 7 at 12:45 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Mar. 31 2025 | 1.96 | 2.08 | Beat |
| Dec. 31 2024 | 2.52 | 2.88 | Beat |
| Sep. 30 2024 | 2.48 | 2.33 | Missed |
| Jun. 30 2024 | 2.31 | 2.39 | Beat |