MGPI News and Press, MGP Ingredients Inc. From 08/17/22

Management raised FY guidance after two strong quarters, potentially setting the stock up for further gains if they can deliver against those Q3 and Q4 numbers. The distilling solutions business, with its lumpy orders, will be key to any beats in the second half of the year. Analy...

Wells Fargo started off coverage on MGP Ingredients Inc. ( NASDAQ: MGPI ) with an Overweight rating. The firm thinks MGPI's premiumization strategy and sustained category momentum positions it deliver upside to guidance this year, with a strong earnings algorithm ahead. ...

MGP Ingredients press release ( NASDAQ: MGPI ): Q2 Non-GAAP EPS of $1.15 beats by $0.21 . Revenue of $195M (+11.5% Y/Y) beats by $21.94M . For further details see: MGP Ingredients Non-GAAP EPS of $1.15 beats by $0.21, revenue of $195M beats by $21.94M

Consolidated sales increased 11% from prior year period Operating income increased 28% ATCHISON, Kan., Aug. 04, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today...

MGP Ingredients ( NASDAQ: MGPI ) is scheduled to announce Q2 earnings results on Thursday, August 4th, before market open. The consensus EPS Estimate is $0.94 (-26.0% Y/Y) and the consensus Revenue Estimate is $173.06M (-1.1% Y/Y). Over the last 2 years, MGPI has bea...

ATCHISON, Kan., July 21, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the second quarter ende...

MGP Names Sean Wirtz as Director of Business Development and Integration PR Newswire New role enhances M&A activity and organic growth initiatives ATCHISON, Kan. , July 6, 2022 /PRNewswire/ -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leadi...

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MGP Ingredients has had a great run over the past couple of months, as strong fundamental performance has driven shares higher. This trend looks set to continue and the long-term outlook for the company is promising. However, shares are now more or less fully valued, leaving addit...