Middleby Corp. (MIDD) Wednesday reported first-quarter profit of $25.90 million or $1.39 per share, up from $22.10 million or $1.20 per share in the same period lasdt year.
On average, seven analysts polled by Thomson Reuters expected the company to earn $1.29 per share for the quarter. Analysts' estimates typically exclude special items.
Sales improved to $327.45 million from $228.82 million last year. Analysts expected revenues of $306.68 million.
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