Shares of Middleby (MIDD) are soaring 7.47% in pre-market trading on Thursday following the company's impressive third-quarter results and raised full-year guidance. The industrial kitchen equipment manufacturer reported better-than-expected revenue and earnings for Q3, surpassing analyst estimates.

Middleby's Q3 sales reached $982.131 million, beating the consensus estimate of $961.1 million. The company's adjusted EBITDA for the quarter came in at $196.4 million, also surpassing expectations of $189.6 million. Adjusted earnings per share for Q3 rose to $2.37, up from $2.33 in the same period last year and significantly higher than the $2.09 analysts had projected.

In addition to the strong Q3 performance, Middleby raised its full-year 2025 guidance. The company now expects adjusted earnings per share in the range of $8.99 to $9.14, up from its previous forecast of $8.65 to $9.05. Revenue projections for the fiscal year 2025 were also increased to $3.85 billion - $3.89 billion, compared to the earlier estimate of $3.81 billion - $3.87 billion. This positive outlook, coupled with the Q3 beat, has fueled investor optimism and driven the stock's significant pre-market rally.