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Middleby Q2 2024 Earnings Report

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$134.68 -0.04 (-0.03%)
(As of 01:13 PM ET)

Middleby EPS Results

Actual EPS
$2.39
Consensus EPS
$2.31
Beat/Miss
Beat by +$0.08
One Year Ago EPS
$2.47

Middleby Revenue Results

Actual Revenue
$991.55 million
Expected Revenue
$994.05 million
Beat/Miss
Missed by -$2.50 million
YoY Revenue Growth
-4.70%

Middleby Announcement Details

Quarter
Q2 2024
Time
Before Market Opens

Conference Call Resources

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Middleby Earnings Headlines

MIDD The Middleby Corporation
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Analysts Set The Middleby Co. (NASDAQ:MIDD) Price Target at $154.67
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About Middleby

Middleby (NASDAQ:MIDD) designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

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