MGP Ingredients Provides Preliminary Full Year 2019 Financial Results
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
Check Earnings Report
US:NASDAQ Investor Relations:
ir.mgpingredients.com
Company Research
Source: GlobeNewswire
ATCHISON, Kan., Jan. 17, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, reported today that based on preliminary financial information, it expects to deliver the following financial results for the full year ended December 31, 2019: Sales of approximately $362 million.Gross profit of approximately $76 million.Gross margin of approximately 21%.Operating income expected to be in the range of $46-$48 million.Effective tax rate of approximately 16%, and shares outstanding are expected to be approximately 17 million at year end.Earnings per share expected to be in the range of $2.20-$2.30. “The shortfall versus our previously communicated guidance is the result of us ultimately being unsuccessful in transacting a large portion of the aged whiskey sales we had forecast for the fourth quarter,” said Gus Griffin, president and CEO of MGP Ingredients. “While this shortfall is disappoi
Show less
Read more
Impact Snapshot
Event Time:
MGPI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGPI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGPI alerts
High impacting MGP Ingredients, Inc. news events
Weekly update
A roundup of the hottest topics
MGPI
News
- MGPI Investigation: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ:MGPI) Investors with Significant Losses to Contact the Firm Accesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of MGP Ingredients, Inc. - MGPIAccesswire
- MGPI Investigation: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the FirmPR Newswire
- MGPI Investigation Alert: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ:MGPI) Investors with Significant Losses to Contact the Firm Accesswire
- MGPI Investigation Reminder: Kessler Topaz Meltzer & Check, LLP Encourages MGP Ingredients, Inc. (NASDAQ: MGPI) Investors with Significant Losses to Contact the FirmGlobeNewswire
MGPI
Earnings
- 10/31/24 - Beat
MGPI
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/19/24 - Form 144
- MGPI's page on the SEC website