The Middleby (NASDAQ:MIDD) reported its Q1 earnings results on Tuesday, May 10, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
The Middleby beat estimated earnings by 1.43%, reporting an EPS of $2.13 versus an estimate of $2.1.
Revenue was up $236.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 6.46% drop in the share price the next day.
Here's a look at The Middleby's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.03 | 2 | 2.04 | 1.62 |
| EPS Actual | 2.11 | 1.92 | 2.11 | 1.79 |
| Revenue Estimate | 847.44M | 825.88M | 803.17M | 728.70M |
| Revenue Actual | 866.42M | 817.54M | 808.77M | 758.06M |
To track all earnings releases for The Middleby visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
