MGP Ingredients Sees Adj FY23 EPS Of $5.35 - $5.50 Vs. $5.2 Est.
Portfolio Pulse from Benzinga Newsdesk
MGP Ingredients has projected its adjusted FY23 EPS to be between $5.35 and $5.50, which is higher than the estimated $5.2.
August 04, 2023 | 1:10 pm
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POSITIVE IMPACT
MGP Ingredients' higher than expected FY23 EPS forecast could potentially lead to a positive market reaction.
MGP Ingredients' forecast of a higher than expected EPS for FY23 indicates strong financial performance. This could potentially attract investors, driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100