MGP (MGPI) Tops Q2 Earnings and Revenue Estimates
MGPIMGP Ingredients(MGPI) ZACKS·2024-08-01 21:46

MGP (MGPI) came out with quarterly earnings of 1.71pershare,beatingtheZacksConsensusEstimateof1.71 per share, beating the Zacks Consensus Estimate of 1.54 per share. This compares to earnings of 1.49pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof11.041.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.04%. A quarter ago, it was expected that this producer of distillery and ingredients products used by the packaged goods industry would post earnings of 1 per share when it actually produced earnings of $1.07, delivering a ...