Brief: MGP Ingredients Reports Q1 EPS Of $0.90

MGP Ingredients

05/05/2021 12:56

May 5 (Reuters) - MGP Ingredients Inc  MGPI.O :
    * MGP INGREDIENTS REPORTS RECORD FIRST QUARTER 2021 RESULTS
    * Q1 NON-GAAP EARNINGS PER SHARE $1.01 EXCLUDING ITEMS
    * Q1 EARNINGS PER SHARE $0.90
    * Q1 SALES ROSE 9.3 PERCENT TO $108.3 MILLION
    * 2021 ADJUSTED SALES GROWTH IS PROJECTED IN 0% TO 2% RANGE
VERSUS
2020
    * 2021 ADJUSTED EARNINGS PER SHARE ARE FORECASTED TO BE IN
$2.05
TO $2.15 RANGE
    * COMPANY'S ESTIMATE OF GROWTH IN ADJUSTED OPERATING INCOME
IN
2021 IS 7% TO 12% FOR 2021

Source text for Eikon:  ID:nGNX1dBcNZ 
Further company coverage:  MGPI.O 

 ((Reuters.Briefs@thomsonreuters.com;))