MGP Ingredients Inc (MGPI) Reports Robust Growth in Q4 and Full Year 2023 Earnings [Yahoo! Finance]
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: Yahoo! Finance
Gross Profit Surge : Gross profit for the year increased by 20% to $304.7 million, representing 36.4% of sales. Net Income : Q4 net income climbed 38% to $31.0 million, while full-year net income saw a slight decrease of 2% to $107.1 million. Earnings Per Share (EPS) : Adjusted basic EPS for Q4 increased to $1.64 per share, with full-year adjusted basic EPS up to $5.90 per share. Adjusted EBITDA : Q4 adjusted EBITDA jumped 60% to $56.2 million, with a 20% increase to $202.5 million for the full year. Warning! GuruFocus has detected 1 Warning Sign with MGPI. On February 22, 2024, MGP Ingredients Inc ( NASDAQ:MGPI ), a distinguished producer and supplier of distilled spirits and specialty wheat protein and starch food ingredients, announced its financial results for the fourth quarter and full year ended December 31, 2023. The company's 8-K filing revealed significant growth in sales, gross profit, and net income, underscoring the success of its strategic initiatives across i
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News
- MGP Ingredients, Inc. (NASDAQ: MGPI) had its price target lowered by analysts at Roth Mkm from $95.00 to $92.00. They now have a "buy" rating on the stock.MarketBeat
- Why MGP Ingredients (MGPI) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
- Here's Why MGP Ingredients (MGPI) Declined in Q1 [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients's (NASDAQ:MGPI) Q1 Earnings Results: Revenue In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
MGPI
Earnings
- 5/2/24 - Beat
MGPI
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/30/24 - Form 144
- MGPI's page on the SEC website