MIDDLEBY CORP (MIDD) revealed earnings for its first quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $92.35 million, or $1.69 per share. This compares with $86.56 million, or $1.59 per share, last year.
Excluding items, MIDDLEBY CORP reported adjusted earnings of $111.31 million or $2.08 per share for the period.
Analysts on average had expected the company to earn $1.97 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.2% to $906.627 million from $926.926 million last year.
MIDDLEBY CORP earnings at a glance (GAAP) :
-Earnings: $92.35 Mln. vs. $86.56 Mln. last year.
-EPS: $1.69 vs. $1.59 last year.
-Revenue: $906.627 Mln vs. $926.926 Mln last year.
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