Analysts on Wall Street project that Middleby (MIDD) will announce quarterly earnings of $2.27 per share in its forthcoming report, representing a decline of 21.2% year over year. Revenues are projected to reach $1 billion, declining 0.9% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings disclosu ...

Group 1 - Middleby reported revenue of $977.86 million for the quarter ended June 2025, a year-over-year decline of 1.4%, with EPS of $2.35 compared to $2.39 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $974.87 million by +0.31%, while the EPS surprise was +6.82% against a consensus estimate of $2.20 [1] - Over the past month, Middleby shares returned -2.3%, contrasting with the Zacks S&P 500 composite's +0.5% change, and the stock holds a Zacks Rank 3 (Hold) [3] Group 2 - Revenue from the Commercial Foodservice segment was $580.61 million, below the average estimate of $592.51 million, representing a year-over-year decline of -6.3% [4] - Revenue from the Residential Kitchen segment was $181.06 million, also below the average estimate of $185.38 million, reflecting a -6.1% year-over-year change [4] - Revenue from the Food Processing segment was $216.2 million, surpassing the average estimate of $197.92 million, with a year-over-year increase of +20.5% [4] - Segment Operating Income for Commercial Foodservice was $137.9 million, exceeding the average estimate of $136.13 million [4] - Segment Operating Income for Residential Kitchen was $9.33 million, below the average estimate of $11.11 million [4] - Segment Operating Income for Food Processing was $42.68 million, above the average estimate of $40.23 million [4]

Core Insights - Middleby (MIDD) reported revenue of $906.63 million for Q1 2025, a year-over-year decline of 2.2%, with an EPS of $2.08 compared to $1.89 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $941.15 million, resulting in a surprise of -3.67%, while the EPS exceeded the consensus estimate of $1.94 by +7.22% [1] Revenue Breakdown - Commercial Foodservice revenue was $562.72 million, below the average estimate of $579.76 million, reflecting a year-over-year decline of -4.7% [4] - Residential Kitchen revenue reached $176 million, slightly below the average estimate of $182.68 million, showing a year-over-year increase of +1.2% [4] - Food Processing revenue was reported at $167.91 million, compared to the estimated $178.72 million, marking a year-over-year increase of +3.2% [4] Segment Operating Income - Commercial Foodservice segment operating income was $132.07 million, exceeding the average estimate of $128.21 million [4] - Residential Kitchen segment operating income was $11.81 million, surpassing the average estimate of $9.20 million [4] - Food Processing segment operating income was $23.51 million, significantly lower than the estimated $34.98 million [4] Stock Performance - Over the past month, Middleby shares have returned +8.2%, compared to the Zacks S&P 500 composite's +10.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]