Commercial equipment manufacturer Middleby (NASDAQ:MIDD) may not be the most logical investment in the middle of a pandemic that has closed restaurants around the nation -- but it's working out pretty well for investors today. Middleby shares are up a strong 16.3% at 3:40 p.m. EST after the company reported an earnings beat in the morning.
Instead of the $1.04 per share that analysts had predicted, Middleby reported profits of $1.10 per share. And instead of analysts' forecast of $601.2 million in sales, Middleby made $634.5 million. 1% CAPITAL