MGP Ingredients Sees FY23 Sales Of $815M - $835M Vs. $829.76M Est.
Portfolio Pulse from Benzinga Newsdesk
MGP Ingredients has projected its FY23 sales to be between $815M and $835M, which is slightly below the estimated $829.76M.
August 04, 2023 | 1:06 pm
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NEGATIVE IMPACT
MGP Ingredients' FY23 sales forecast is slightly below the estimated $829.76M, which may impact investor sentiment.
MGP Ingredients' lower than expected sales forecast for FY23 may negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100