Middleby (MIDD) Set to Announce Earnings on Thursday

Middleby (NASDAQ:MIDD) is expected to release 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. Investors may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Middleby (NASDAQ:MIDD) last issued 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 company 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 revenue for the quarter was down 10.5% on a year-over-year basis. During the same period last year, the firm posted $2.35 EPS. 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 Trading Down 0.6%

NASDAQ MIDD opened at $122.73 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.10 and a current ratio of 1.99. The firm has a market cap of $5.55 billion, a PE ratio of -13.25 and a beta of 1.29. Middleby has a one year low of $102.14 and a one year high of $180.13. The firm’s fifty day moving average is $110.35 and its two-hundred day moving average is $137.39.

Analysts Set New Price Targets

MIDD has been the subject of several recent research reports. Barclays reiterated an “overweight” rating and set a $145.00 target price (down from $155.00) on shares of Middleby in a research note on Thursday, August 13th. Oppenheimer restated an “outperform” rating and issued a $160.00 price target (down from $205.00) on shares of Middleby in a research report on Wednesday, August 12th. Jefferies Financial Group reduced their price objective on Middleby from $200.00 to $160.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. Seaport Research Partners set a $145.00 price objective on Middleby in a research report on Wednesday, August 12th. Finally, Weiss Ratings downgraded Middleby from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. Six research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.