Middleby (MIDD) Expected to Announce Quarterly Earnings on Thursday

Middleby (NASDAQ:MIDD) will likely be releasing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Middleby to post earnings of $1.75 per share and revenue of $634.04 million for the quarter. Middleby has set its Q3 2026 guidance at 1.670-1.830 EPS and its FY 2026 guidance at 6.730-6.890 EPS. Parties can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Middleby (NASDAQ:MIDD) last announced its quarterly earnings data on Tuesday, August 11th. The industrial products company reported $2.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.26. The business had revenue of $875.55 million for the quarter, compared to the consensus estimate of $836.99 million. Middleby had a negative net margin of 13.22% and a positive return on equity of 17.44%. Middleby’s quarterly revenue was down 10.5% on a year-over-year basis. During the same quarter last year, the company posted $2.35 earnings per share. On average, analysts expect Middleby to post $6.82 EPS for the current fiscal year and $7.61 EPS for the next fiscal year.

Middleby Stock Performance

NASDAQ MIDD traded up $0.79 during midday trading on Tuesday, hitting $124.25. The company had a trading volume of 39,099 shares, compared to its average volume of 607,326. The firm has a fifty day simple moving average of $110.20 and a two-hundred day simple moving average of $137.55. Middleby has a fifty-two week low of $102.14 and a fifty-two week high of $180.13. The company has a quick ratio of 1.10, a current ratio of 1.99 and a debt-to-equity ratio of 0.88. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of -13.43 and a beta of 1.29.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Wall Street Zen lowered Middleby from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. dropped their price objective on shares of Middleby from $147.00 to $145.00 and set an “overweight” rating for the company in a research note on Thursday, October 8th. Barclays restated an “overweight” rating and set a $145.00 price target (down from $155.00) on shares of Middleby in a research note on Thursday, August 13th. Seaport Research Partners set a $145.00 price objective on Middleby in a report on Wednesday, August 12th. Finally, Weiss Ratings lowered Middleby from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. Six equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $158.25.

About Middleby

The Middleby Corporation (NASDAQ: MIDD) designs, manufactures and sells commercial, residential and food processing equipment. Its commercial foodservice products include conveyor, deck, combi and convection ovens; ranges, fryers, steam-cooking equipment, refrigeration systems, ventilation products and kitchen automation technologies. These products are used by restaurants, hotels, institutional kitchens, convenience stores, supermarkets and other foodservice operators.

Middleby also offers equipment and appliances for residential kitchens, including cooking products, refrigeration, ventilation and outdoor cooking systems.