Ingredion's Q2 adjusted operating profit falls 5%… maintains EPS guidance

INGR Ingredion Inc

$96.85 +1.59%

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1. 1Ingredion (INGR) posted Q2 adjusted operating profit of $258 million, down 5% year-over-year.
2. 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.
3. 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.

Source GuruFocus.com +1 · View original ↗

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