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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold

MGP Ingredients (MGPI) Earnings Date, Estimates & Call Transcripts

$79.75
+0.30 (+0.38%)
(As of 04/19/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 2
Before Market Opens
Confirmed
Actual EPS
(Feb. 22)
$1.64 Beat By $0.26
Consensus EPS
(Feb. 22)
$1.38
Skip Charts & View Estimated and Actual Earnings Data

MGPI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGPI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGP Ingredients Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.26$1.26$1.26 
Q2 20242$1.46$1.72$1.59 
Q3 20241$1.69$1.69$1.69 
Q4 20241$1.46$1.46$1.46 
FY 20245$5.87$6.13$6.00 
Q1 20252$1.44$1.47$1.46 
Q2 20252$1.67$1.76$1.72 
Q3 20252$1.71$1.89$1.80 
Q4 20252$1.78$1.98$1.88 
FY 20258$6.60$7.10 $6.85

MGPI Earnings Date and Information

MGP Ingredients last released its quarterly earnings data on February 22nd, 2024. The reported $1.64 earnings per share for the quarter, beating analysts' consensus estimates of $1.38 by $0.26. The business earned $214.90 million during the quarter, compared to analysts' expectations of $206.87 million. Its revenue for the quarter was up 12.6% on a year-over-year basis. MGP Ingredients has generated $4.80 earnings per share over the last year ($4.80 diluted earnings per share) and currently has a price-to-earnings ratio of 16.8. Earnings for MGP Ingredients are expected to grow by 10.19% in the coming year, from $6.18 to $6.81 per share. MGP Ingredients has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. MGP Ingredients will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call..

MGP Ingredients Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)
-------  
2/22/2024Q4 2023$1.38$1.64+$0.26$1.89$206.87 million$214.90 million    
11/2/2023Q3 2023$1.30$1.34+$0.04$2.10$210.11 million$211.62 million
8/3/2023Q2 2023$1.25$1.49+$0.24$1.54$205.30 million$209.00 million    
5/4/2023Q1 2023$1.10$1.39+$0.29$1.39$194.43 million$201.01 million    
2/23/2023Q4 2022$0.87$1.01+$0.14$1.01$183.86 million$191.00 million    
11/3/2022Q3 2022$0.96$1.06+$0.10$1.06$193.33 million$201.15 million
8/4/2022Q2 2022$0.88$1.15+$0.27$1.15$173.06 million$195.00 million    
5/5/2022Q1 2022$0.96$1.69+$0.73$1.69$173.60 million$195.24 million    
2/24/2022Q4 2021$0.68$0.87+$0.19$0.34$155.40 million$166.85 million    
11/3/2021Q3 2021$0.40$1.09+$0.69$1.10$148.10 million$176.61 million    
8/4/2021Q2 2021$0.43$1.27+$0.84$1.63$95.80 million$174.94 million    
5/5/2021Q1 2021$0.53$1.01+$0.48$1.12$97.77 million$108.32 million  

MGP Ingredients Earnings - Frequently Asked Questions

When is MGP Ingredients's earnings date?

MGP Ingredients has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on MGPI's earnings history.

Did MGP Ingredients beat their earnings estimates last quarter?

In the previous quarter, MGP Ingredients (NASDAQ:MGPI) reported $1.64 earnings per share (EPS) to beat the analysts' consensus estimate of $1.38 by $0.26. Learn more on analysts' earnings estimate vs. MGPI's actual earnings.

How can I listen to MGP Ingredients's earnings conference call?

The conference call for MGP Ingredients's latest earnings report can be listened to online. Listen to Conference Call

How can I read MGP Ingredients's conference call transcript?

The conference call transcript for MGP Ingredients's latest earnings report can be read online. Read Transcript

How much revenue does MGP Ingredients generate each year?

MGP Ingredients (NASDAQ:MGPI) has a recorded annual revenue of $836.52 million.

How much profit does MGP Ingredients generate each year?

MGP Ingredients (NASDAQ:MGPI) has a recorded net income of $107.47 million. MGPI has generated $4.80 earnings per share over the last four quarters.

What is MGP Ingredients's price-to-earnings ratio?

MGP Ingredients (NASDAQ:MGPI) has a trailing price-to-earnings ratio of 16.83 and a forward price-to-earnings ratio of 13.07. The price/earnings-to-growth ratio is 1.14.

What is MGP Ingredients's EPS forecast for next year?

MGP Ingredients's earnings are expected to grow from $6.18 per share to $6.81 per share in the next year, which is a 10.19% increase.


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This page (NASDAQ:MGPI) was last updated on 4/19/2024 by MarketBeat.com Staff

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