Middleby (NASDAQ:MIDD – Get Free Report) is expected to be releasing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce 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 results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.
Middleby (NASDAQ:MIDD – Get Free Report) last posted its quarterly earnings data on Tuesday, August 11th. The industrial products company reported $2.35 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.26. Middleby had a negative net margin of 13.22% and a positive return on equity of 17.44%. The company had revenue of $875.55 million for the quarter, compared to analyst estimates of $836.99 million. During the same period in the prior year, the firm posted $2.35 EPS. The company’s quarterly revenue was down 10.5% on a year-over-year basis. 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 Down 0.8%
Shares of Middleby stock opened at $114.04 on Thursday. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of -12.32 and a beta of 1.32. Middleby has a one year low of $102.14 and a one year high of $180.13. The stock’s 50-day moving average is $109.81 and its 200 day moving average is $138.09. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.99 and a quick ratio of 1.10.
Wall Street Analyst Weigh In
MIDD has been the subject of several analyst reports. Canaccord Genuity Group set a $160.00 price target on shares of Middleby and gave the company a “buy” rating in a report on Tuesday, September 1st. JPMorgan Chase & Co. decreased their price target 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. Seaport Research Partners set a $145.00 price objective on Middleby in a research report on Wednesday, August 12th. Zacks Research raised shares of Middleby from a “strong sell” rating to a “hold” rating in a research report on Monday, October 12th. Finally, KeyCorp set a $152.00 price objective on shares of Middleby in a research note on Tuesday, July 14th. Six equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $159.25.
Check Out Our Latest Research Report on Middleby
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.
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