Ingredion (INGR) Misses Q4 EPS by 20c
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Ingredion Incorporated Reports 2021 Results; Expects 7% to 9% Operating Income Growth for 2022
February 3, 2022 6:00 AM ESTFourth quarter 2021 reported and adjusted EPS* were $0.99 and $1.09, respectively, compared to fourth quarter 2020 reported and adjusted EPS of $1.70 and $1.75, respectively.Full-year 2021 reported and adjusted EPS were $1.73 and $6.67, respectively, compared with $5.15 and $6.23 in the year-ago period, respectively. Reported results for full-year 2021 include a $340 million impairment charge related to the contribution of the Companys Argentina operations to the Arcor joint venture.The Company expects full-year 2022 adjusted EPS to be in the range of $6.85 to $7.45.
WESTCHESTER, Ill., Feb. 03, 2022 (GLOBE NEWSWIRE) --... More
