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Middleby (MIDD) Q3 Earnings and Revenues Top Estimates
ZACKSยท 2025-11-06 14:41
Core Insights - Middleby (MIDD) reported quarterly earnings of $2.37 per share, exceeding the Zacks Consensus Estimate of $2.03 per share, and showing a slight increase from $2.33 per share a year ago, resulting in an earnings surprise of +16.75% [1] - The company achieved revenues of $982.13 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.63% and reflecting a year-over-year increase from $942.81 million [2] Earnings Performance - Middleby has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] - The company had a previous earnings surprise of +6.82% when it reported $2.35 per share against an expectation of $2.20 per share [1] Stock Performance - Middleby shares have declined approximately 8.8% since the beginning of the year, contrasting with the S&P 500's gain of 15.6% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.32 on revenues of $1.01 billion, while for the current fiscal year, the estimate is $8.79 on revenues of $3.85 billion [7] - The outlook for the industry, specifically the Manufacturing - General Industrial sector, is currently in the bottom 37% of Zacks industries, which may impact Middleby's stock performance [8]