MGP (MGPI) Q1 Earnings and Revenues Top Estimates

Core Viewpoint - MGP (MGPI) reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.31 per share, but down from $1.07 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 16.13%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - MGP's revenues for the quarter ended March 2025 were $121.65 million, surpassing the Zacks Consensus Estimate by 7.41%, but down from $170.56 million year-over-year [3] Stock Performance - MGP shares have declined approximately 25.2% since the beginning of the year, compared to a 5.3% decline in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.73 on revenues of $140.29 million, and for the current fiscal year, it is $2.55 on revenues of $530.14 million [8] - The estimate revisions trend for MGP is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [7] Industry Context - The Beverages - Alcohol industry, to which MGP belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Molson Coors Brewing (TAP), another company in the same industry, is expected to report a quarterly earnings decline of 15.8% year-over-year, with revenues projected at $2.44 billion, down 6% from the previous year [10][11]