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MGP: Q3 Earnings Snapshot
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ATCHISON, Kan. (AP) — ATCHISON, Kan. (AP) — MGP Ingredients Inc. (MGPI) on Wednesday reported net income of $6.9 million in its third quarter.

On a per-share basis, the Atchison, Kansas-based company said it had net income of 32 cents. Earnings, adjusted for restructuring costs and non-recurring costs, came to 39 cents per share.

The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $117.9 million in the period.

MGP expects full-year earnings in the range of $1.50 to $1.80 per share, with revenue in the range of $480 million to $500 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGPI at https://www.zacks.com/ap/MGPI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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