Brief: MGP Ingredients Reports Record First Quarter 2022 Results

MGP Ingredients

05/05/2022 12:45

May 5 (Reuters) - MGP Ingredients Inc  MGPI.O :
    * INGREDIENTS REPORTS RECORD FIRST QUARTER 2022 RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $1.69
    * Q1 EARNINGS PER SHARE $1.69
    * QTRLY SALES INCREASED 80.2% TO $195.2 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.96, REVENUE VIEW $173.6
MILLION --
REFINITIV IBES DATA
    * FY SALES ARE PROJECTED TO BE IN RANGE OF $690 MILLION TO
$715
MILLION
    * FY BASIC ADJUSTED EARNINGS PER SHARE ARE FORECASTED TO BE
IN
$4.15 TO $4.35 RANGE
    * FY2022 EARNINGS PER SHARE VIEW $4.00, REVENUE VIEW $706.8
MILLION -- REFINITIV IBES DATA

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