Ingredion's Q2 adjusted operating profit falls 5%… maintains EPS guidance
INGR Ingredion Inc
$104.63 +4.19%
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- 1Ingredion (INGR) posted Q2 adjusted operating profit of $258 million, down 5% year-over-year.
- 2Revenue from Texture & Healthful Solutions rose 5% on 7% volume growth, driving a 5% increase in operating profit — the second-highest quarterly figure on record.
- 3The company reaffirmed its full-year adjusted EPS guidance of $10.30–$10.90, while lowering its adjusted operating profit outlook to a mid-single-digit decline.
This 3-line summary is compiled from the report below.
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