Middleby (MIDD) Q1 Earnings and Revenues Lag Estimates

Middleby (MIDD) came out with quarterly earnings of $1.89 per share, missing the Zacks Consensus Estimate of$ 2.04 per share. This compares to earnings of $2.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.35%. A quarter ago, it was expected that this food preparation equipment company would post earnings of$ 2.44 per share when it actually produced earnings of $2.65, delivering a surprise of 8.61%.Over the last four qua ...