Earnings Summary

MGP Ingredients Inc.’s revenue jumped 70.15% since last year same period to $332.2Mn in the Q1 2023. On a quarterly growth basis, MGP Ingredients Inc. has generated 73.93% jump in its revenue since last 3-months.

MGP Ingredients Inc.’s net profit fell -17% since last year same period to $31.07Mn in the Q1 2023. On a quarterly growth basis, MGP Ingredients Inc. has generated 37.14% jump in its net profits since last 3-months.

MGP Ingredients Inc.’s net profit margin fell -51.22% since last year same period to 9.35% in the Q1 2023. On a quarterly growth basis, MGP Ingredients Inc. has generated -21.15% fall in its net profit margins since last 3-months.

MGP Ingredients Inc.’s price-to-earnings ratio after this Q1 2023 earnings stands at 21.45.

MGP Ingredients Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.85 - a -10.53% fall from last quarter’s estimates.

MGP Ingredients Inc.’s earning per share (EPS) estimates for the current year stand at 0.85.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. MGP Ingredients Inc.’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. MGP Ingredients Inc.’s return on equity (ROE) stands at 0.14.

MGP Ingredients Inc. declared 0.12 dividend per share during the earnings announcement for Q1 2023.