earnings
confidence high
sentiment positive
materiality 0.85
Ingredion Q3 adjusted EPS $3.05, up 31%; raises full-year guidance
Ingredion Inc
2024-Q3 EPS reported
$8.29
revenue$5,630,000,000
- Q3 reported EPS $2.83 (+20% YoY); adjusted EPS $3.05 (+31% YoY).
- Operating income up 26% reported, 29% adjusted; highest-ever Q3 operating income.
- Texture & Healthful Solutions sales volume grew 11%; double-digit operating income growth.
- Full-year reported EPS guidance raised to $10.60-$10.90; adjusted EPS $10.35-$10.65.
- Food & Industrial Ingredients LATAM saw exceptional profit growth on Brazil energy transition recovery.