(RTTNews) – MIDDLEBY CORP (MIDD) reported a profit for second quarter that Drops, from the same period last year
The company’s earnings totaled $54.81 million, or $1.21 per share. This compares with $105.96 million, or $1.99 per share, last year.
Excluding items, MIDDLEBY CORP reported adjusted earnings of $106.42 million or $2.35 per share for the period.
The company’s revenue for the period rose 9.9% to $875.55 million from $796.79 million last year.
MIDDLEBY CORP earnings at a glance (GAAP) :
-Earnings: $54.81 Mln. vs. $105.96 Mln. last year.
-EPS: $1.21 vs. $1.99 last year.
-Revenue: $875.55 Mln vs. $796.79 Mln last year.
-Guidance:
Next quarter EPS guidance: $ 1.67 To $ 1.83
Next quarter revenue guidance: $ 620 M To $ 640 M
Full year EPS guidance: $ 6.73 To $ 6.89
Full year revenue guidance: $ 2.48 B To $ 2.53 B
Non-GAAP Values are from continuing operations
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.