MGP Ingredients Reports Fourth Quarter and Full Year 2018 Results
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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ir.mgpingredients.com
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Source: GlobeNewswire
ATCHISON, Kan., Feb. 27, 2019 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the fourth quarter and full year ended December 31, 2018. 2018 fourth quarter results compared to 2017 fourth quarter results Consolidated net sales increased 18.9% to $104.9 million, as a result of double-digit growth in both premium beverage alcohol and the Ingredient Solutions segment.Consolidated gross profit increased 31.2% to $25.6 million, as gross profit improved in both the Distillery Products and Ingredient Solutions segments.Consolidated operating income increased 57.7% to $16.6 million, reflecting net sales gains and gross profit growth in both segments.Earnings per share decreased to $0.69 per share from $0.74 per share in the prior-year period, due to a deferred tax liability revaluation benefit recorded in the fourth quarter of 2017 resulting from the Tax Cuts and
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News
- MGP Ingredients Schedules First Quarter 2024 Conference Call/Webcast for Thursday, May 2 [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients Schedules First Quarter 2024 Conference Call/Webcast for Thursday, May 2GlobeNewswire
- MGP Ingredients, Inc. (NASDAQ: MGPI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Egg Substitutes Market to Reach $5.2 Billion Globally by 2032 at 16.6% CAGR: Allied Market Research [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients (NASDAQ:MGPI) shareholders YoY returns are lagging the company's 8.3% three-year earnings growth [Yahoo! Finance]Yahoo! Finance
MGPI
Earnings
- 2/22/24 - Beat
MGPI
Sec Filings
- 4/9/24 - Form DEFA14A
- 4/9/24 - Form DEF
- 4/3/24 - Form 4
- MGPI's page on the SEC website