Middleby Q3 Adjusted Earnings, Net Sales Fall; Shares Lower

MT Newswires Live
31 Oct 2024

Middleby (MIDD) reported Q3 adjusted net earnings Thursday of $2.33 per diluted share, down from $2.37 a year earlier.

Analysts polled by Capital IQ expected $2.48.

Net sales for the quarter ended Sept. 30 were $942.8 million, down from $980.7 million a year earlier.

Analysts surveyed by Capital IQ expected $996.6 million.

Middleby shares were more than 9% lower in early trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10