Ingredion Incorporated Reports First Quarter 2021 Results
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Ingredion (INGR) Tops Q1 EPS by 23c, Revenues Beat
May 4, 2021 6:08 AM EDTIngredion (NYSE: INGR) reported Q1 EPS of $1.85, $0.23 better than the analyst estimate of $1.62. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.58 billion.
We delivered an outstanding first quarter with significant net sales and adjusted operating income growth, our best quarter since 2018. Operating income grew across all four regions, and our results reflect exceptionally strong performance in South America and Asia-Pacific, said Jim Zallie, Ingredions president and chief executive officer.
We continued to execute on our Driving Growth Roadmap, delivering specialty ingredients growth that was underpinned by double-digit... More
