MGP Ingredients (NASDAQ:MGPI) reported quarterly earnings of $0.72 per share which beat the analyst consensus estimate of $0.47 by 53.19 percent. This is a 25.77 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $124.357 million which missed the analyst consensus estimate of $125.161 million by 0.64 percent. This is a 14.53 percent decrease over sales of $145.500 million the same period last year.