MGP Ingredients Reports Second Quarter 2019 Results

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Go back to MGP Ingredients Reports Second Quarter 2019 Results

MGP Ingredients (MGPI) Misses Q2 EPS by 6c, Offers Guidance

July 31, 2019 7:38 AM EDT

MGP Ingredients (NASDAQ: MGPI) reported Q2 EPS of $0.46, $0.06 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $90.5 million versus the consensus estimate of $91.54 million.

Guidance:

MGP is revising its guidance for fiscal 2019:

2019 sales growth is projected... More