Middleby Smashes EPS Expectations
Middleby exceeded expectations for Q4 2024 with robust earnings and strategic growth initiatives, despite challenges in specific segments.
Middleby (NASDAQ:MIDD), a leading player in commercial, food processing, and residential kitchen equipment, released its Q4 2024 earnings on February 25, 2025.
The company reported an adjusted earnings per share (EPS) of $2.88, surpassing the analyst estimate of $2.52 by $0.36, a 14.3% increase. Revenue of $1.014 billion also exceeded expectations, topping forecasts by $18 million.
This quarter demonstrated solid profitability and strong EBITDA margins across segments despite economic challenges.
