Middleby (MIDD) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Middleby (MIDD) reported revenue of $926.93 million, down 8% over the same period last year. EPS came in at$ 1.89, compared to $2.19 in the year-ago quarter.The reported revenue represents a surprise of -5.16% over the Zacks Consensus Estimate of$ 977.39 million. With the consensus EPS estimate being $2.04, the EPS surprise was -7.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...