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Stock impact report

MGP Ingredients, Inc. (NASDAQ:MGPI) Full-Year Results: Here's What Analysts Are Forecasting For This Year [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
It was a credible result overall, with revenues of US$837m and statutory earnings per share of US$4.80 both in line with analyst estimates, showing that MGP Ingredients is executing in line with expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. View our latest analysis for MGP Ingredients Taking into account the latest results, the current consensus, from the six analysts covering MGP Ingredients, is for revenues of US$757.4m in 2024. This implies a definite 9.5% reduction in MGP Ingredients' revenue over the past 12 months. Statutory earnings per share are predicted to leap 27% to US$6.15. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$788.0m and earnings per Show less Read more
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