Middleby: Q1 Earnings Insights

Middleby MIDD reported its Q1 earnings results on Wednesday, May 10, 2023 at 07:00 AM.

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

Middleby beat estimated earnings by 11.73%, reporting an EPS of $2.19 versus an estimate of $1.96.

Revenue was up $12.32 million from the same period last year.

Last quarter the company beat on EPS by $0.15 which was followed by a 0.04% drop in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	2.42	2.36	2.10	2.10
EPS Actual	2.57	2.18	2.23	2.13
Revenue Estimate	1.01B	1.02B	999.54M	935.99M
Revenue Actual	1.03B	992.87M	1.01B	994.68M

To track all earnings releases for 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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