Ingredion (INGR) Completes Reorganization, Reports Q1, Raises Guidance
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Ingredion Completes Reorganization, Reports First Quarter Earnings Under New Segments and Raises Guidance
May 8, 2024 6:03 AM EDTFirst quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectivelyCompleted sale of South Korea business, another step in reshaping the portfolio and redeploying assetsRaising guidance for full-year reported EPS to be in the range of $10.35 to $11.00 and adjusted EPS to be in the range of $9.20 to $9.85For the second quarter 2024, the Company expects operating income to be up low to mid-single-digits
WESTCHESTER, Ill., May 08, 2024 (GLOBE... More
