Earnings To Watch: MGP Ingredients (MGPI) Reports Q4 Results Tomorrow

Earnings To Watch: MGP Ingredients (MGPI) Reports Q4 Results Tomorrow

Petr Huřťák

Tue, February 24, 2026 at 12:21 PM GMT+9 2 min read

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MGPI

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Food and beverage supplier MGP Ingredients (NASDAQ:MGPI) will be announcing earnings results this Wednesday before market open. Here’s what to expect.

MGP Ingredients beat analysts’ revenue expectations last quarter, reporting revenues of $130.9 million, down 18.9% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.

Is MGP Ingredients a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting MGP Ingredients’s revenue to decline 25.8% year on year, a further deceleration from the 15.9% decrease it recorded in the same quarter last year.

MGP Ingredients Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MGP Ingredients has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at MGP Ingredients’s peers in the beverages, alcohol, and tobacco segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Vita Coco posted flat year-on-year revenue, beating analysts’ expectations by 6.2%, and Philip Morris reported revenues up 6.8%, in line with consensus estimates. Vita Coco traded down 8.4% following the results while Philip Morris’s stock price was unchanged.

Read our full analysis of Vita Coco’s results here and Philip Morris’s results here.

There has been positive sentiment among investors in the beverages, alcohol, and tobacco segment, with share prices up 2.8% on average over the last month. MGP Ingredients is up 1.3% during the same time and is heading into earnings with an average analyst price target of $34.80 (compared to the current share price of $25.34).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

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