Ingredion Q2 EPS $2.42 adjusted $2.32; raises FY adjusted EPS outlook to $8.80-$9.40

Ingredion Inc

2023-Q2 EPS reported $5.27 revenue$4,206,000,000

Reported EPS $2.42, up 14% YoY; adjusted EPS $2.32, up 9% YoY.
Reported operating income grew 18%; adjusted operating income grew 17% vs prior year.
Full-year adjusted EPS outlook raised to $8.80-$9.40 from prior $8.70-$9.40.
Company cites strong demand and pricing execution across all regions.
Net sales and volumes were not explicitly disclosed in the press release excerpt.

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