MGP Ingredients Affirms FY2026 Adj EPS Guidance of $1.50-$1.80 vs $1.59 Est; Affirms FY2026 Sales Guidance of $480.000M-$500.000M vs $486.209M Est
Benzinga Newsdesk 6 months ago
NewsGuidance
2026 Financial OutlookMGP reaffirmed its consolidated guidance for fiscal 2026:Sales projected to be in the range of $480 million to $500 million.Adjusted EBITDA expected to be between $90 million to $98 million.Adjusted
2026 Financial Outlook
MGP reaffirmed its consolidated guidance for fiscal 2026:
- Sales projected to be in the range of $480 million to $500 million.
- Adjusted EBITDA expected to be between $90 million to $98 million.
- Adjusted basic EPS expected to be in the $1.50 to $1.80 range, with weighted average basic shares outstanding of approximately 21.4 million.
- An effective tax rate of approximately 27%.
- Full-year capital expenditures expected to be approximately $20 million.