Ingredion (INGR) Tops Q2 EPS by 50c

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Ingredion Incorporated Reports Second Quarter 2021 Results

August 3, 2021 6:00 AM EDT

Second quarter 2021 reported and adjusted EPS* were $2.62 and $2.05, respectively, compared to second quarter 2020 reported and adjusted EPS of $0.98 and $1.12, respectively.Year-to-date 2021 reported and adjusted EPS were $(1.01) and $3.90, respectively, compared to $2.08 and $2.72, respectively, in the year-ago period. Year-to-date reported results reflect a $360 million held for sale impairment charge related to the Companys Argentina operations, including $311 million of cumulative translation losses.The Company expects full year 2021 adjusted EPS to be in the range of $6.45-$6.85.

WESTCHESTER, Ill., Aug. 03, 2021 (GLOBE NEWSWIRE) --... More