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Stock impact report

Middleby (MIDD) Reports Earnings Tomorrow: What To Expect [Yahoo! Finance]

ESAB Corporation (ESAB) 
Company Research Source: Yahoo! Finance
Here's what to look for. Middleby missed analysts' revenue expectations by 5.6% last quarter, reporting revenues of $942.8 million, down 3.9% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' EBITDA and EPS estimates. Is Middleby a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Middleby's revenue to decline 1.1% year on year to $998 million, improving from the 2.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.55 per share. Middleby Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Middleby has missed Wall Street's revenue estimates five times over the last two years. Looking at Middleby's peers in the professional tools and equipment segment, some have already reported t Show less Read more
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