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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...
Two new Breakout Stocks for Week 27 with better than 10% short-term upside potential and a Dow 30 Pick. Average cumulative returns now down to +85.6% YTD. No picks broke 10%+ in less than a week and the Negative Momentum Gauge® warning signals continue negative through 26 out of ...
UBS screens for the consumer names that would normally do well in a downturn, but carry risks. The S&P 500 ( SP500 ) ( SPY ) finds itself in bear market territory and investors have turned to defensive sectors, according to BofA's survey of client flows. "We identify...
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...
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ATCHISON, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2024, on Thursday, August 1, at 10 a...
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2024-07-08 14:00:13 ET Ben Klieve from Loop Capital Markets issued a price target of $135.00 for MGPI on 2024-07-08 11:51:00. The adjusted price target was set to $135.00. At the time of the announcement, MGPI was trading at $73.045. The overall price target consensus is...