A Preview Of Middleby's Earnings
Portfolio Pulse from Benzinga Insights
Middleby (NASDAQ:MIDD) is set to release its quarterly earnings report on October 31, 2024. Analysts expect an EPS of $2.49. Despite a previous EPS beat, the stock price dropped by 2.52%. Analysts rate Middleby as a 'Buy' with a price target of $154.25, indicating an 11.78% upside. Middleby faces challenges with negative revenue growth and low ROE compared to peers.
October 30, 2024 | 9:02 pm
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Middleby is expected to report an EPS of $2.49. Despite a previous EPS beat, the stock price fell. Analysts rate it as a 'Buy' with a price target of $154.25, suggesting an 11.78% upside. However, Middleby faces challenges with negative revenue growth and low ROE.
Middleby's upcoming earnings report is highly anticipated with an expected EPS of $2.49. Despite a previous EPS beat, the stock price fell, indicating market volatility. Analysts' 'Buy' rating and price target suggest potential upside, but negative revenue growth and low ROE present challenges.
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