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MGP Ingredients sees FY24 EPS 5.55-$5.65, consensus $6.24

MGP Ingredients sees FY24 EPS 5.55-$5.65, consensus $6.24

For the full year 2024, the company now expects financial results to be below the expectations confirmed during its second quarter conference call held on August 1. The company expects full year 2024 sales to be in the range of $695M to $705M, adjusted EBITDA to be in the range of $196M to $200M, and adjusted basis EPS to be in the range of $5.55 to $5.65…Consensus for FY24 revenue is $755.25M.

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