MGP Ingredients raises FY25 adjusted EPS view to $2.60-$2.75 from $2.45-$2.75

Consensus $2.58. Narrows FY25 revenue view to $525M-$535M from $520M-$540M. Narrows FY25 adjusted EBITDA view to $110M-$115M from $105M-$115M. The company said, “Given our year-to-date performance, we are updating our full year adjusted EBITDA and adjusted EPS guidance to a range of $110 million to $115 million and $2.60 to $2.75, respectively, and tightening our full-year sales guidance to a range of $525 million to $535 million.”