Middleby: Q2 Earnings Snapshot

Middleby Corp. reported second-quarter earnings of $54.8 million, achieving a net income per share of $1.21, which beat Wall Street expectations. The food preparation equipment company posted revenue of $875.5 million, also exceeding forecasts. For the full year, Middleby expects earnings to range from $6.73 to $6.89 per share.