MGP Ingredients Inc reports results for the quarter ended June 30 - Earnings Summary

MGP Ingredients

30/07/2026 03:08

MGP Ingredients Inc MGPI.OQ reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 97 cents.  The mean expectation of five analysts for the quarter was for earnings of 47 cents per share. Wall Street expected results to range from 33 cents to 56 cents per share.
Revenue fell 14.5% to $124.36 million from a year ago; analysts expected $125.16 million. 
MGP Ingredients Inc's reported EPS for the quarter was 55 cents​.
The company reported quarterly net income of $11.85 million.
MGP Ingredients Inc shares had risen by 6.8% this quarter and lost 23.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the distillers & wineries peer group is also "buy" 
Wall Street's median 12-month price target for MGP Ingredients Inc is $31.00, about 39.1% above its last closing price of $18.88
This summary was machine generated from LSEG data July 30 at 02:08 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.47
0.55
Beat
Mar. 31 2026 
0.04
0.15
Beat
Dec. 31 2025 
0.50
0.63
Beat
Sep. 30 2025 
0.60
0.85
Beat