MGP Ingredients Q3 Adj EPS $1.36 Beats $1.29 Estimate, Sales $211.60M Beat $208.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
MGP Ingredients reported Q3 adjusted earnings of $1.36 per share, beating the analyst consensus estimate of $1.29 by 5.43%. This is a 28.3% increase from the same period last year. The company also reported quarterly sales of $211.60 million, beating the analyst consensus estimate of $208.42 million by 1.53%. This is a 5.20% increase from the same period last year.
November 02, 2023 | 11:29 am
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MGP Ingredients reported better than expected Q3 earnings and sales, indicating a strong financial performance.
MGP Ingredients reported a 28.3% increase in earnings and a 5.20% increase in sales YoY, beating analyst estimates. This indicates a strong financial performance, which is likely to positively impact the company's stock price in the short term.
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