MGP Ingredients Reports First Quarter 2017 Results

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MGP Ingredients (MGPI) Tops Q1 EPS by 6c

May 4, 2017 7:35 AM EDT

MGP Ingredients (NASDAQ: MGPI) reported Q1 EPS of $0.50, $0.06 better than the analyst estimate of $0.44. Revenue for the quarter came in at $87.2 million versus the consensus estimate of $78.36 million.

First quarter consolidated net sales increased 13.4% to $87.2 million as net sales of premium beverage alcohol significantly increased... More