MGP Ingredients-MGP (MGPI) Q2 Earnings and Revenues Top Estimates

MGP (MGPI) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of$ 0.64 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +51.56%. A quarter ago, it was expected that this producer of distillery and ingredients products used by the packaged goods industry would post earnings of$ 0.31 per share when it actually produced earnings of $0.36, deliveri ...