NASDAQ$MGPI
MGP Ingredients Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Reported strong fourth quarter and full year results, with sales and gross profit increasing due to growth in premium beverage alcohol and ingredient solutions.
MGP Ingredients reported a 9.1% increase in consolidated sales to $100.9 million and a 47.2% increase in consolidated gross profit to $31.7 million in Q4 2020. However, consolidated operating income decreased by 4.4% to $15.5 million, and EPS decreased to $0.69 per share.
- Consolidated sales increased 9.1% to $100.9 million due to double-digit growth in premium beverage alcohol and the Ingredient Solutions segment.
- Consolidated gross profit increased 47.2% to a record $31.7 million, representing 31.4% of consolidated sales.
- Consolidated operating income decreased 4.4% to $15.5 million due to higher personnel and acquisition-related expenses.
- Earnings per share (EPS) decreased to $0.69 per share from $0.76 per share.
Headline financials
Revenue & EPS history
MGP Ingredients · Revenue · Quarterly
$101M
Revenue by segment
MGP Ingredients · $212M total across 3 segments · Q3 2023
- Distilling Solutions$112M+3.0%52.9%
- Branded Spirits$66.8M+6.4%31.6%
- Ingredient Solutions$33M+10.9%15.6%
Forward guidance
MGP Ingredients anticipates continued uncertainty related to the pandemic throughout the year and is not providing 2021 annual guidance at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.7%
Avg return
Earnings day
-1.1%
Avg return
5 days after
-0.5%
Avg return
30 days after
58%
36 / 62 earnings
Positive
+15.7%
Q3 2017
Best reaction
-21.4%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.2% | -5.8% | -12.8% | |
| Q4 2025 | -21.2% | -25.7% | -27.9% | |
| Q3 2025 | -1.9% | +0.6% | -7.6% | |
| Q1 2025 | +4.8% | +9.0% | -0.2% | |
| Q4 2024 | -1.1% | -0.4% | -10.3% | |
| Q3 2024 | -19.2% | -16.6% | -17.8% | |
| Q2 2024 | +4.4% | +0.7% | +9.9% | |
| Q1 2024 | +3.0% | +3.3% | -0.8% | |
| Q4 2023 | -13.2% | -14.4% | -9.3% | |
| Q3 2023 | +2.2% | +3.4% | -5.6% | |
| Q2 2023 | +6.6% | +8.0% | +5.6% | |
| Q1 2023 | +6.2% | +3.8% | +5.6% | |
| Q4 2022 | +8.4% | +5.5% | -1.8% | |
| Q3 2022 | +5.2% | +7.9% | +17.2% | |
| Q2 2022 | +6.9% | +5.0% | +3.6% | |
| Q1 2022 | +0.3% | -1.6% | +2.4% | |
| Q4 2021 | +2.0% | +2.3% | +11.8% | |
| Q3 2021 | +10.2% | +8.3% | +23.8% | |
| Q2 2021 | +14.6% | +14.8% | +16.1% | |
| Q1 2021 | +1.7% | +4.9% | +20.2% | |
| Q4 2020 | -8.0% | -7.0% | -12.2% | |
| Q3 2020 | +4.6% | +0.7% | +10.2% | |
| Q2 2020 | -6.5% | -6.6% | -6.5% | |
| Q1 2020 | -6.8% | -9.4% | -8.5% | |
| Q4 2019 | -10.4% | -5.9% | -16.1% | |
| Q3 2019 | -4.9% | -6.0% | -5.9% | |
| Q2 2019 | -18.6% | -18.6% | -28.3% | |
| Q1 2019 | -21.4% | -19.0% | -31.5% | |
| Q4 2018 | +5.3% | +5.0% | -0.8% | |
| Q3 2018 | -8.1% | -3.5% | -4.5% | |
| Q2 2018 | -5.6% | -4.7% | -4.4% | |
| Q1 2018 | -10.2% | -4.8% | -5.4% | |
| Q4 2017 | -1.4% | -9.5% | +6.8% | |
| Q3 2017 | +15.7% | +17.8% | +19.0% | |
| Q2 2017 | +2.9% | +2.0% | +0.8% | |
| Q1 2017 | +5.5% | +3.2% | -2.3% | |
| Q4 2016 | +10.3% | +14.1% | +17.9% | |
| Q3 2016 | +12.6% | +14.8% | +36.4% | |
| Q2 2016 | -19.1% | -19.9% | -4.4% | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | -17.2% | — | — | |
| Q3 2015 | +1.3% | — | — | |
| Q2 2015 | +10.4% | — | — | |
| Q1 2015 | +2.5% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | -3.8% | — | — | |
| Q2 2014 | +8.6% | — | — | |
| Q1 2014 | +2.9% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | -4.3% | — | — | |
| Q2 2013 | +5.0% | — | — | |
| Q1 2013 | -2.3% | — | — | |
| Q4 2012 | -4.6% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | +6.7% | — | — | |
| Q3 2011 | -0.5% | — | — | |
| Q4 2009 | +2.8% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q4 2010 | +2.8% | — | — | |
| Q1 2012 | +2.0% | — | — | |
| Q1 2011 | -8.2% | — | — | |
| Q1 2010 | -7.7% | — | — |
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