
The Middleby Corporation reported its fourth-quarter results for 2024, revealing an adjusted earnings per share (EPS) of $2.88, surpassing analysts' expectations of $2.55. The company's revenue reached $1.01 billion, exceeding the forecast of $998 million. Despite a 14.4% sales growth in its Food Processing segment, Middleby noted softness in its Commercial Foodservice division. Meanwhile, Dream Finders Homes also released its fourth-quarter results, reporting a GAAP EPS of $1.29, which beat the estimated $1.10. The company achieved sales of $1.56 billion, surpassing the $1.39 billion estimate. In contrast, Flywire's fourth-quarter results showed a GAAP EPS loss of $0.12, missing the expected loss of $0.01, with sales of $117.6 million, below the anticipated $118.9 million. The company faced challenges due to a decline in international student visas, prompting it to announce a 10% staff layoff and resulting in a significant drop in its stock price, leading to a $1 billion loss for investors.



Boston payments company Flywire saw its stock price cut in half Wednesday โ a $1 billion loss for investors โ and announced it was laying off 10 percent of its staff, amid a drop in international student visas and the resulting decline in tuition payments. https://t.co/9r0vHYnW1C
$JOBY Joby Aviation Q4 2024 GAAP EPS $(0.34) Misses $(0.20) Estimate Sales $55.000K Beat $45.800K Estimate
$MORN Morningstar Q4 2024 Adj EPS $2.14 Beats $2.06 Estimate Sales $591.00M Beat $580.81M Estimate