secwatch.observer — SEC 8-K summary
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Issuer:     Ingredion Inc (INGR)
CIK:        0001046257
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0001046257-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingredion completes S.Korea sale; Q1 adj. EPS $2.08 (-26% YoY); raises FY 2024 guidance
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- Reported Q1 EPS of $3.23 (+13% YoY); adjusted EPS $2.08 (-26% YoY).
- Completed sale of South Korea business as part of portfolio reshaping.
- Full-year 2024 adjusted EPS guidance raised to $9.20-$9.85; reported EPS $10.35-$11.00.
- Q2 2024 operating income expected up low to mid-single-digits YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046257/000104625724000012/0001046257-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046257/000104625724000012/ingr-20240508.htm
  HTML page:      https://secwatch.observer/filing/0001046257-24-000012

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