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Stock impact report

Middleby (NASDAQ:MIDD) Reports Q2 In Line With Expectations [Yahoo! Finance]

The Middleby Corporation (MIDD) 
Last the middleby corporation earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
It made a non-GAAP profit of $2.39 per share, down from its profit of $2.45 per share in the same quarter last year. Is now the time to buy Middleby? Find out in our full research report Middleby (MIDD) Q2 CY2024 Highlights: Revenue: $991.5 million vs analyst estimates of $991.2 million (small beat) EPS (non-GAAP): $2.39 vs analyst estimates of $2.30 (3.8% beat) Gross Margin (GAAP): 38.3%, up from 37.8% in the same quarter last year Free Cash Flow of $138.6 million, similar to the previous quarter Organic Revenue fell 4.8% year on year (-2.3% in the same quarter last year) Market Capitalization: $7.29 billion “We continue to make progress toward our longer-term financial goals, posting strong profitability and record operating cash flows in the quarter. Orders trended positively during the quarter, with increases at all three of our segments as compared to the prior year second quarter. Although general market conditions are challenged, we are positioned for growth i Show less Read more
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