Investing.com - MGP Ingredients reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MGP Ingredients announced earnings per share of $1.07 on revenue of $201.2M. Analysts polled by Investing.com anticipated EPS of $0.96 on revenue of $190.71M.
MGP Ingredients shares are down 39.61% from the beginning of the year , still down 10.33% from its 52 week high of $117.01 set on Friday, September 9, 2022.
MGP Ingredients shares gained 2.70% in pre-market trade the report.
MGP Ingredients follows other major Consumer Staples sector earnings this month
MGP Ingredients's report follows an earnings beat by Procter&Gamble on Wednesday, October 19, 2022, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
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