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Ingredion: Q2 Earnings Snapshot

By AP News - Aug 08, 2023, 06:18 AM ET

Last Updated - Aug 08, 2023, 06:18 AM EDT

WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Tuesday reported net income of $163 million in its second quarter.

On a per-share basis, the Westchester, Illinois-based company said it had net income of $2.42. Earnings, adjusted for pretax gains, were $2.32 per share.

The food sweetener, starch and nutritional ingredient company posted revenue of $2.07 billion in the period.

Ingredion expects full-year earnings in the range of $8.80 to $9.40 per share.

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