Ingredion reports FY2023 adjusted EPS $9.42 (+26% YoY); guides FY2024 adjusted EPS $9.15-$9.85

Ingredion Inc

2023-FY EPS reported $9.60 revenue$8,160,000,000

Q4 2023 reported operating income up 29% YoY; adjusted operating income up 21% YoY.
Full-year 2023 reported EPS $9.60, adjusted EPS $9.42; increases of 31% and 26% respectively.
Full-year 2023 cash from operations $1,057M vs $152M in 2022, a significant improvement.
FY2024 outlook: reported EPS $10.20-$11.15; adjusted EPS $9.15-$9.85, reflecting S. Korea divestiture.

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 0.95

Ingredion Inc reported the year ended December 31, 2023 results: EPS $9.60. Guidance initiated.

Period: the year ended December 31, 2023
EPS: $9.60
Guidance: initiated
Result: reported results

Exact text from the filing

Ingredion Incorporated (the “Company”) issued a press release announcing the Company’s condensed consolidated financial results for the year ended December 31, 2023

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Ingredion Inc filing history →

Source: SEC EDGAR

accession 0001628280-24-003422

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