Benzinga | Oct 29, 2020 07:41AM EDT

MGP Ingredients Q3 Adj. EPS $0.61 Beats $0.54 Estimate, Sales $103.00M Beat $95.91M Estimate

MGP Ingredients (NASDAQ:MGPI) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.54 by 12.96 percent. This is a 27.08 percent increase over earnings of $0.48 per share from the same period last year. The company reported quarterly sales of $103.00 million which beat the analyst consensus estimate of $95.91 million by 7.39 percent. This is a 13.58 percent increase over sales of $90.69 million the same period last year.