MGP Ingredients Shares Plummet 21% After Guidance Misses by Over 4%
MGP Ingredients reported Q4 revenue of $138.3M and adjusted EPS of $0.63, exceeding estimates, but 2026 revenue guidance of $490M missed consensus by 4.1% and EPS forecast of $1.65 fell 32.4% below estimates. Q4 sales slid 23.5% year-over-year, triggering a 21% morning session share drop.
1. Q4 Financial Results
MGP Ingredients posted fourth-quarter revenue of $138.3 million and adjusted earnings per share of $0.63, both above analyst forecasts, while reporting a 23.5% year-over-year drop in sales that underscored persistent demand challenges.
2. 2026 Guidance and Market Reaction
Management issued full-year 2026 guidance of $490 million in revenue, 4.1% below consensus, and $1.65 in adjusted EPS, 32.4% under estimates, sparking a 21% decline in share price during the morning session.
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