Recap: MGP Ingredients Q3 Earnings

MGP Ingredients MGPI reported its Q3 earnings results on Thursday, November 3, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

MGP Ingredients beat estimated earnings by 11.58%, reporting an EPS of $1.06 versus an estimate of $0.95.

Revenue was up $24.54 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 1.87% increase in the share price the next day.

Here's a look at MGP Ingredients's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.94 0.95 0.63 0.40
EPS Actual 1.15 1.69 0.87 1.09
Revenue Estimate 173.00M 173.60M 152.69M 147.95M
Revenue Actual 194.98M 195.24M 166.85M 176.61M

To track all earnings releases for MGP Ingredients visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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