ELGIN, Ill. (AP) _ The Middleby Corp. (MIDD) on Tuesday reported third-quarter earnings of $176 million.
On a per-share basis, the Elgin, Illinois-based company said it had net income of $3.09. Earnings, adjusted for one-time gains and costs, came to $1.92 per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.
The food preparation equipment company posted revenue of $817.5 million in the period, also missing Street forecasts. Five analysts surveyed by Zacks expected $838 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MIDD at https://www.zacks.com/ap/MIDD
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