Here's What Key Metrics Tell Us About Middleby (MIDD) Q1 Earnings

Middleby (MIDD) reported $906.63 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 2.2%. EPS of $2.08 for the same period compares to $1.89 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $941.15 million, representing a surprise of -3.67%. The company delivered an EPS surprise of +7.22%, with the consensus EPS estimate being $1.94.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Middleby performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Commercial Foodservice: $562.72 million compared to the $579.76 million average estimate based on four analysts. The reported number represents a change of -4.7% year over year. Revenue- Residential Kitchen: $176 million versus the four-analyst average estimate of $182.68 million. The reported number represents a year-over-year change of +1.2%. Revenue- Food Processing: $167.91 million versus $178.72 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3.2% change. Segment Operating Income- Commercial Foodservice: $132.07 million compared to the $128.21 million average estimate based on four analysts. Segment Operating Income- Residential Kitchen: $11.81 million compared to the $9.20 million average estimate based on four analysts. Segment Operating Income- Food Processing: $23.51 million versus $34.98 million estimated by four analysts on average. View all Key Company Metrics for Middleby here>>>Shares of Middleby have returned +8.2% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Middleby Corporation (MIDD): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks