Ingredion: Q1 Earnings Snapshot
By Ap News
Published - May 08, 2024, 06:54 AM ET
Last Updated - May 08, 2024, 06:54 AM EDT
WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Wednesday reported profit of $216 million in its first quarter.
On a per-share basis, the Westchester, Illinois-based company said it had net income of $3.23. Earnings, adjusted for non-recurring gains and pretax gains, were $2.08 per share.
The food sweetener, starch and nutritional ingredient company posted revenue of $1.88 billion in the period.
Ingredion expects full-year earnings in the range of $9.20 to $9.85 per share.
