Free Trial

MGP Ingredients (MGPI) Earnings Date, Estimates & Call Transcripts

MGP Ingredients logo
$40.00 -1.80 (-4.31%)
(As of 12/20/2024 05:31 PM ET)

MGP Ingredients Latest Earnings Summary

Actual EPS
(Oct. 31)
$1.29 Beat By $0.02
Consensus EPS
(Oct. 31)
$1.27

MGP Ingredients released Q3 2024 earnings on October 31, 2024, reporting an EPS of $1.29, which beat the consensus estimate of $1.27 by $0.02. Quarterly revenue fell 23.7% year-over-year to $161.50 million, below analysts' expectations of $161.55 million. With a trailing EPS of $4.81 and a P/E Ratio of 8.32, MGP Ingredients' earnings are expected to decrease -31.06% next year, from $5.57 to $3.84 per share.

Get MGP Ingredients Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on MGP Ingredients and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

MGPI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGPI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

MGP Ingredients Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.26$1.26$1.26 
Q2 20242$1.44$1.72$1.58 
Q3 20242$1.24$1.69$1.471.290 - 1.290
Q4 20242$1.46$1.48$1.47 
FY 20247$5.40$6.15$5.78 
Q1 20252$1.36$1.47$1.42 
Q2 20252$1.66$1.76$1.71 
Q3 20252$1.71$1.72$1.72 
Q4 20252$1.33$1.78$1.56 
FY 20258$6.06$6.73$6.40 
Q1 20261$1.46$1.46$1.46 
Q2 20261$1.82$1.82$1.82 
Q3 20261$1.33$1.33$1.33 

MGP Ingredients Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/31/2024Q3 2024$1.27$1.29+$0.02$1.51$161.55M$161.50M
8/1/2024Q2 2024$1.54$1.71+$0.17$1.99$189.06M$190.80M
5/2/2024Q1 2024$1.00$1.07+$0.07$1.22$170.31M$170.56M
2/22/2024Q4 2023$1.38$1.64+$0.26$1.89$206.87M$214.90M
11/2/2023Q3 2023$1.30$1.34+$0.04$2.10$210.11M$211.62M
8/3/2023Q2 2023$1.25$1.49+$0.24$1.54$205.30M$209.00M
70%, 80%, 90% Win Rates? Grab Your Free Cheatsheets Today! (Ad)

Would you like to know the historic win rate of every trade you take before you place it? Well, it’s all possible with these FIVE Candlestick Pattern Cheatsheets.

>> You can grab your FREE, laminated copies right here << 
5/4/2023Q1 2023$1.10$1.39+$0.29$1.39$194.43M$201.01M
2/23/2023Q4 2022$0.87$1.01+$0.14$1.01$183.86M$191.00M

MGP Ingredients Earnings - Frequently Asked Questions

MGP Ingredients (NASDAQ:MGPI) last announced its quarterly earning data on Thursday, October 31, 2024. Learn more on MGPI's earnings history.

MGP Ingredients issued an update on its FY 2024 earnings guidance on Friday, December, 20th. The company provided EPS guidance of 5.550-5.650 for the period, compared to the consensus estimate of 5.580. The company issued revenue guidance of $695.0 million-$705.0 million, compared to the consensus revenue estimate of $699.7 million.

In the previous quarter, MGP Ingredients (NASDAQ:MGPI) reported $1.29 earnings per share (EPS) to beat the analysts' consensus estimate of $1.27 by $0.02. Learn more on analysts' earnings estimate vs. MGPI's actual earnings.

The conference call for MGP Ingredients's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for MGP Ingredients's latest earnings report can be read online.
Read Transcript

MGP Ingredients (NASDAQ:MGPI) has a recorded annual revenue of $737.72 million.

MGP Ingredients (NASDAQ:MGPI) has a recorded net income of $107.47 million. MGPI has generated $4.81 earnings per share over the last four quarters.

MGP Ingredients (NASDAQ:MGPI) has a trailing price-to-earnings ratio of 8.32 and a forward price-to-earnings ratio of 7.18. The price/earnings-to-growth ratio is 0.74.

MGP Ingredients's earnings are expected to decrease from $5.57 per share to $3.84 per share in the next year, which is a -31.06% change.

More Earnings Resources from MarketBeat



This page (NASDAQ:MGPI) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners