secwatch.observer — SEC 8-K summary
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Issuer:     Ingredion Inc (INGR)
CIK:        0001046257
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001046257-23-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046257/000104625723000011/0001046257-23-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046257/000104625723000011/ingr-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001046257-23-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer