Middleby (MIDD) Q1 Earnings Beat Estimates

Group 1 - Middleby (MIDD) reported quarterly earnings of $2.08 per share, exceeding the Zacks Consensus Estimate of $1.94 per share, and showing an increase from $1.89 per share a year ago, representing an earnings surprise of 7.22% [1] - The company posted revenues of $906.63 million for the quarter ended March 2025, which was 3.67% below the Zacks Consensus Estimate and a decrease from $926.93 million year-over-year [2] - Over the last four quarters, Middleby has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Group 2 - The stock has lost about 0.1% since the beginning of the year, while the S&P 500 has declined by 4.7% [3] - The current consensus EPS estimate for the upcoming quarter is $2.44 on revenues of $1.01 billion, and for the current fiscal year, it is $9.69 on revenues of $3.99 billion [7] - The Zacks Industry Rank for Manufacturing - General Industrial is currently in the bottom 37% of over 250 Zacks industries, indicating potential challenges for stock performance [8]