---
schema_version: "secwatch.filing_event.v1"
accession: "0001046257-23-000011"
form_type: "8-K"
ticker: "INGR"
cik: "0001046257"
company_name: "Ingredion Inc"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:00:33.114154+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Record Q1: adj EPS $2.80 vs $1.95, margins up 280bps; FY guide raised to $8.70-9.40

## Summary
- Q1 reported EPS $2.85, adjusted EPS $2.80, vs $1.92 and $1.95 in Q1 2022.
- Gross margin expanded 280 bps to 22.8% from 20.0% a year ago.
- Full-year 2023 adjusted EPS forecast raised to $8.70-$9.40 from prior $7.70-$8.40.

## SEC filing metadata
- accession: 0001046257-23-000011
- form_type: 8-K
- ticker: INGR
- cik: 0001046257
- company_name: Ingredion Inc
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046257/000104625723000011/0001046257-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046257/000104625723000011/ingr-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001046257-23-000011
- JSON: https://secwatch.observer/filing/0001046257-23-000011.json
- Plain text: https://secwatch.observer/filing/0001046257-23-000011.txt

## Key facts
- Earnings Releases
  Ingredion Inc reported first quarter 2023 results: EPS reported and adjusted EPS * were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS. Guidance raised.
  - Period: first quarter 2023
  - EPS: reported and adjusted EPS * were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS
  - Guidance: raised
  - Result: preliminary results
  source text: First quarter 2023 reported and adjusted EPS * were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS of $1.92 and $1.95
  evidence_url: https://www.sec.gov/Archives/edgar/data/1046257/000104625723000011/0001046257-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.