Recap: MGP Ingredients Q1 Earnings

MGP Ingredients MGPI reported its Q1 earnings results on Thursday, May 5, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

MGP Ingredients beat estimated earnings by 77.89%, reporting an EPS of $1.69 versus an estimate of $0.95.

Revenue was up $86.91 million from the same period last year.

Last quarter the company beat on EPS by $0.24 which was followed by a 1.85% drop in the share price the next day.

Here's a look at MGP Ingredients's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.63	0.40	0.59	0.58
EPS Actual	0.87	1.09	1.27	1.01
Revenue Estimate	152.69M	147.95M	145.33M	97.77M
Revenue Actual	166.85M	176.61M	174.94M	108.32M

To track all earnings releases for MGP Ingredients visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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