MGP Ingredients MGPI reported its Q1 earnings results on Thursday, May 4, 2023 at 07:25 AM.
Here's what investors need to know about the announcement.
Earnings
MGP Ingredients beat estimated earnings by 25.23%, reporting an EPS of $1.39 versus an estimate of $1.11.
Revenue was up $5.78 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.16 which was followed by a 1.86% drop in the share price the next day.
Here's a look at MGP Ingredients's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.85 | 0.95 | 0.94 | 0.95 |
EPS Actual | 1.01 | 1.06 | 1.15 | 1.69 |
Revenue Estimate | 183.82M | 190.81M | 173.00M | 173.60M |
Revenue Actual | 191.00M | 201.15M | 194.98M | 195.24M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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