Middleby (MIDD) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This food preparation equipment company is expected to post quarterly earnings of $2.27 per share in its upcoming report, which represents a year-over-year change of -8.1%. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate f ...