Middleby Corp. (MIDD: Quote) reported second quarter EPS of $1.67 after the close Wednesday, up from $1.06 in the prior year period. The consensus estimate was for EPS of $1.41.
Middleby gapped open higher Thursday and climbed throughout the first 2 hours of trade. The stock settled into a range for the remainder of the session and closed up by 13.56 at $113.77 on the highest volume of the year. Middleby surged past resistance and set a new high for the year.
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by RTT Staff Writer
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