Ingredion Incorporated Reports Second Quarter 2019 Results
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Ingredion (INGR) Tops Q2 EPS by 4c, Revenues Beat; Offers FY19 EPS Outlook
August 1, 2019 6:58 AM EDTIngredion (NYSE: INGR) reported Q2 EPS of $1.66, $0.04 better than the analyst estimate of $1.62. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.5 billion.
Second quarter 2019 reported and adjusted EPS* were $1.56 and $1.66, respectively, compared with $1.57 and $1.66 in the second quarter 2018, respectivelyYear-to-date 2019 reported and adjusted EPS were $3.04 and $3.20, respectively, down from $3.47 of reported EPS and down from $3.60 of adjusted EPS in the year-ago period2019 adjusted EPS expected to be in the range of $6.60-$6.90 reflecting moderate growth in the second halfDuring the second quarter, we... More
