The Middleby: Q1 Earnings Insights

 

The Middleby MIDD reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

The Middleby beat estimated earnings by 1.43%, reporting an EPS of $2.13 versus an estimate of $2.1.

Revenue was up $236.62 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 6.46% drop in the share price the next day.

Here's a look at The Middleby's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 2.03 2 2.04 1.62
EPS Actual 2.11 1.92 2.11 1.79
Revenue Estimate 847.44M 825.88M 803.17M 728.70M
Revenue Actual 866.42M 817.54M 808.77M 758.06M

To track all earnings releases for The Middleby visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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