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Stock impact report

MGP Ingredients's (NASDAQ:MGPI) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses 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 4.9% below analysts' estimates. It made a non-GAAP profit of $1.64 per share, improving from its profit of $1.01 per share in the same quarter last year. Is now the time to buy MGP Ingredients? Find out by accessing our full research report, it's free MGP Ingredients (MGPI) Q4 FY2023 Highlights: Revenue: $214.9 million vs analyst estimates of $205.4 million (4.6% beat) EPS (non-GAAP): $1.64 vs analyst estimates of $1.35 (21.1% beat) Management's revenue guidance for the upcoming financial year 2024 is $749 million at the midpoint, missing analyst estimates by 4.9% and implying -10.5% growth (vs 7% in FY2023) Free Cash Flow of $21.97 million, up 33.6% from the previous quarter Gross Margin (GAAP): 39.6%, up from 33.1% in the same quarter last year Market Capitalization: $2.02 billion Headquartered in Atchison, Kansas, MGP Ingredients (NASDAQGS:MGPI) is a leading supplie Show less Read more
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