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MGP (MGPI) Tops Q3 Earnings Estimates
ZACKS· 2024-10-31 13:50
MGP (MGPI) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.57%. A quarter ago, it was expected that this producer of distillery and ingredients products used by the packaged goods industry would post earnings of $1.54 per share when it actually produced earnings of $1.71, delivering ...
MGP Ingredients(MGPI) - 2024 Q3 - Quarterly Report
2024-10-31 11:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________________ Commission File Number: 0-17196 MGP INGREDIENTS, INC. (Exact name of registrant as specifie ...
MGP Ingredients(MGPI) - 2024 Q3 - Quarterly Results
2024-10-31 11:36
Cray Business Plaza 100 Commercial St., F.O. Box 130 Atchison, Kansas 66002-0130 mgpingredients.com MGP INGREDIENTS PROVIDES CERTAIN PRELIMINARY THIRD QUARTER 2024 RESULTS AND UPDATES FULL YEAR 2024 GUIDANCE Announces webcast of its third quarter earnings conference call for October 31 ATCHISON, Kan., October 17, 2024 - MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced certain preliminary financial results for the third q ...
MGPI Investigation Notice: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the Firm
Prnewswire· 2024-10-30 14:00
RADNOR, Pa., Oct. 30, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ: MGPI) ("MGP Ingredients"). On October 17, 2024, MGP Ingredients revised its full year 2024 guidance and released its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients revealed that the company expects declin ...
NASDAQ: MGPI Investigation: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the Firm
GlobeNewswire News Room· 2024-10-25 00:28
RADNOR, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ: MGPI) (“MGP Ingredients”). On October 17, 2024, MGP Ingredients revised its full year 2024 guidance and released its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients revealed that the company expects de ...
NASDAQ: MGPI Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the Firm
Prnewswire· 2024-10-23 13:00
RADNOR, Pa. , Oct. 23, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ: MGPI) ("MGP Ingredients").On October 17, 2024, MGP Ingredients revised its full year 2024 guidance and released its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients revealed that the company expects declin ...
SHAREHOLDER ALERT: Investigation of MGP Ingredients, Inc. (MGPI) Announced by Holzer & Holzer, LLC
GlobeNewswire News Room· 2024-10-21 15:18
ATLANTA, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether MGP Ingredients, Inc. ("MGP Ingredients" or the "Company") (NASDAQ: MGPI) complied with federal securities laws. On October 17, 2024, MGP Ingredients announced revised full year 2024 guidance and released preliminary financial results for the third quarter ended September 30, 2024, revealing that that the Company expects declines in sales, adjusted net income, and adjusted EBITDA compared to the third quarter of 2023. F ...
After Plunging -26.22% in 4 Weeks, Here's Why the Trend Might Reverse for MGP (MGPI)
ZACKS· 2024-10-21 14:35
A downtrend has been apparent in MGP (MGPI) lately with too much selling pressure. The stock has declined 26.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spottin ...
MGPI vs. DEO: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-10-18 16:45
Investors interested in Beverages - Alcohol stocks are likely familiar with MGP (MGPI) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while ...
Yellowstone Bourbon announces 2024 Bourbon Giftpack
Prnewswire· 2024-10-15 15:05
Exclusively for the holiday season, the special giftpack includes three award-winning Yellowstone Bourbon varieties ST. LOUIS, Oct. 15, 2024 /PRNewswire/ -- Yellowstone Bourbon announced it will release the 2024 Bourbon Giftpack this month. The Giftpack showcases three award-winning innovations from the Yellowstone Bourbon family: Yellowstone Select, Yellowstone Special Finishes Collection Toasted and Yellowstone Special Finishes Collection Rum Cask. Yellowstone Bourbon announced it will release the 2024 Bo ...