Ingredion (INGR) Tops Q1 EPS by 2c, raises guidance

Ingredion (NYSE: INGR) reported Q1 EPS of $2.08, $0.02 better than the analyst estimate of $2.06. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $2.02 billion.

GUIDANCE:

For the second quarter 2024, the Company expects operating income to be up low to mid-single-digits

Ingredion sees FY2024 EPS of $9.20-$9.85, versus the consensus of $9.66.

For earnings history and earnings-related data on Icahn Enterprises L.P. (INGR) click here.

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