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Stock impact report

MGP Ingredients's (NASDAQ:MGPI) Q1 Earnings Results: Revenue In Line With Expectations [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
On the other hand, the company's full-year revenue guidance of $749 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $1.07 per share, down from its profit of $1.39 per share in the same quarter last year. Is now the time to buy MGP Ingredients? Find out in our full research report MGP Ingredients (MGPI) Q1 CY2024 Highlights: Revenue: $170.6 million vs analyst estimates of $170.3 million (small beat) EPS (non-GAAP): $1.07 vs analyst estimates of $0.99 (8.3% beat) The company reconfirmed its revenue guidance for the full year of $749 million at the midpoint (below expectations) The company reconfirmed its EPS (non-GAAP) guidance for the full year of $6.18 million at the midpoint (in line) Gross Margin (GAAP): 36.8%, up from 34.7% in the same quarter last year Free Cash Flow was -$2.40 million, down from $21.97 million in the previous quarter Market Capitalization: $1.72 billion Headquartered in Atchison, Kansas, MGP Ing Show less Read more
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