Ingredion: Q2 Earnings Snapshot
By AP News
Published - 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.