Ingredion Q3 adjusted EPS $1.73, raises FY2022 outlook to $7.00-$7.45

Ingredion Inc

2022-Q3 EPS reported $5.63 revenue$5,959,000,000

Q3 net sales $2,023M, up 15% reported, 19% ex-FX vs Q3 2021.
Reported EPS $1.59 (down from $1.75); adjusted EPS $1.73 (up from $1.67).
FY2022 adjusted EPS guidance raised to $7.00-$7.45 from $6.90-$7.45.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Ingredion Inc reported for the quarter ended September 30, 2022 results: revenue $2,023 million, EPS $1.59. Guidance raised.

Period: for the quarter ended September 30, 2022
Revenue: $2,023 million
EPS: $1.59
Guidance: raised
Result: reported results

Exact text from the filing

Third quarter 2022 net sales of $2,023 million, 15% higher on a reported basis and 19% higher excluding foreign exchange impacts compared to the same period in 2021 · Third quarter 2022 reported and adjusted EPS* were $1.59 and $1.73, respectively, compared to third quarter 2021 reported and adjusted EPS of $1.75 and $1.67, respectively

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Source: SEC EDGAR

accession 0001104659-22-114157

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