ATCHISON, Kan. (AP) — ATCHISON, Kan. (AP) — MGP Ingredients Inc. (MGPI) on Thursday reported second-quarter earnings of $31.7 million.

On a per-share basis, the Atchison, Kansas-based company said it had net income of $1.43. Earnings, adjusted for non-recurring costs, were $1.71 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.

The producer of distillery and ingredients products used by the packaged goods industry posted revenue of $190.8 million in the period.

MGP expects full-year earnings in the range of $6.12 to $6.23 per share, with revenue in the range of $742 million to $756 million.

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This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGPI at https://www.zacks.com/ap/MGPI