MGP Ingredients Inc reports results for the quarter ended in December - Earnings Summary

MGP Ingredients

24/02/2022 15:19

* MGP Ingredients Inc  MGPI.OQ  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 63 cents per share.
    * Revenue rose 65.3% to $166.85 million from a year ago; 
analysts
expected $152.69 million. 
    * MGP Ingredients Inc's reported EPS for the quarter was
$1.40​.
    * The mean earnings estimate of analysts had risen by
about 3% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * MGP Ingredients Inc shares had fallen by 9.3% this
quarter.
    * The company reported quarterly net income of $31.63
million.
    * Wall Street's median 12-month price target for MGP
Ingredients
Inc is $99.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 24 at 03:19 p.m.
 ​All figures in US dollars unless otherwise stated