Recap: MGP Ingredients Q3 Earnings

MGP Ingredients (NASDAQ: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.

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.

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.