MGP Ingredients (MGPI) Declares $0.08 Quarterly Dividend; 0.3% Yield

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Go back to MGP Ingredients (MGPI) Declares $0.08 Quarterly Dividend; 0.3% Yield

MGP Ingredients (MGPI) Reports In-Line Q1 EPS, Miss on Revenues

May 2, 2018 7:35 AM EDT

MGP Ingredients (NASDAQ: MGPI) reported Q1 EPS of $0.52, in-line with the analyst estimate of $0.52. Revenue for the quarter came in at $88 million versus the consensus estimate of $91.72 million.

We continue to be very pleased with our progress against all parts of our strategic plan, and see no change in the macro consumer trends that are powering our growth. Our results this period... More