Workflow
MGP (MGPI) Q4 Earnings and Revenues Surpass Estimates
MGPIMGP Ingredients(MGPI) ZACKS·2025-02-26 14:40

Core Insights - MGP reported quarterly earnings of 1.57pershare,exceedingtheZacksConsensusEstimateof1.57 per share, exceeding the Zacks Consensus Estimate of 1.49 per share, but down from 1.64pershareayearago[1]Thecompanyachievedarevenueof1.64 per share a year ago [1] - The company achieved a revenue of 180.8 million for the quarter, surpassing the Zacks Consensus Estimate by 1.55%, but down from 214.89millionyearoveryear[3]EarningsPerformanceTheearningssurpriseforthequarterwas5.37214.89 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was 5.37%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - MGP's shares have declined approximately 17.2% since the beginning of the year, contrasting with a 1.3% gain in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is 0.50 on revenues of 134.09million,andforthecurrentfiscalyear,itis134.09 million, and for the current fiscal year, it is 3.41 on revenues of 587.27million[8]TheestimaterevisionstrendforMGPismixed,resultinginaZacksRank3(Hold),indicatingexpectedperformanceinlinewiththemarket[7]IndustryContextTheBeveragesAlcoholindustry,towhichMGPbelongs,iscurrentlyrankedinthebottom42587.27 million [8] - The estimate revisions trend for MGP is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [7] Industry Context - The Beverages - Alcohol industry, to which MGP belongs, is currently ranked in the bottom 42% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Another company in the same industry, Brown-Forman B, is expected to report a quarterly earnings decline of 21.7% year-over-year, with revenues projected at 1.07 billion, a slight increase of 0.4% from the previous year [10]