Ingredion (NYSE:INGR) reported its Q3 earnings results on Thursday, November 3, 2022 at 06:05 AM.
Here’s what investors need to know about the announcement.
Earnings
Ingredion beat estimated earnings by 5.49%, reporting an EPS of $1.73 versus an estimate of $1.64.
Revenue was up $260.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 1.69% increase in the share price the next day.
Here’s a look at Ingredion’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.93 | 1.81 | 1.32 | 1.45 |
| EPS Actual | 2.12 | 1.95 | 1.09 | 1.67 |
| Revenue Estimate | 1.91B | 1.77B | 1.75B | 1.73B |
| Revenue Actual | 2.04B | 1.89B | 1.75B | 1.76B |
To track all earnings releases for Ingredion visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
