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Are Investors Undervaluing Ingredion (INGR) Right Now?
Zacks Investment Research· 2024-05-13 14:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being un ...
Ingredion 完成重组,发布新部门下的第一季度财报并上调业绩指引
GlobeNewswire Inc.· 2024-05-10 07:06
2024 年第一季度报告和调整后摊薄每股收益 (EPS)* 为 3.23 美元和 2.08 美元,分别增长 13% 和减少 26%完成了韩国业务的出售,在重塑投资组合和重新配置资产方面又迈出了一步将全年报告 EPS 指引提高至 10.35 美元至 11.00 美元之间,调整后的 EPS 提高到 9.20 美元至 9.85 美元之间对于 2024 年第二季度,公司预计营业收入将有中低个位数的增长 伊利诺州,韦斯特切斯特, May 10, 2024 (GLOBE NEWSWIRE) -- 全球领先的食品和饮料制造行业原料解决方案供应商 Ingredion Incorporated (NYSE:INGR),今日发布了 2024 年第一季度的业绩报告。该 2024 年和 2023 年第一季度的业绩报告根据美国公认会计原则 (“GAAP”) 编制,其中包括从公司呈报的非 GAAP 财务指标中排除的项目。 “与去年创纪录的第一季度业绩相比,本季度的业绩超出了预期。正如预期的那样,尽管极端寒冷的天气对美国的出货量产生了影响,并且考虑到我们韩国业务的出售,但我们本季度的净销量仍出现了环比增长。”Ingredion 总裁兼首席 ...
Ingredion(INGR) - 2024 Q1 - Quarterly Report
2024-05-09 17:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-13397 INGREDION INCORPORATED (Exact name of registrant as specified in its charter) Delaware 22-3514823 (State or other jurisdicti ...
Ingredion(INGR) - 2024 Q1 - Earnings Call Transcript
2024-05-08 16:44
Ingredion Incorporated (NYSE:INGR) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Noah Weiss - Vice President, Investor Relations Jim Zallie - President & Chief Executive Officer Jim Gray - Executive Vice President & Chief Financial Officer Conference Call Participants Adam Samuelson - Goldman Sachs Andrew Strelzik - BMO Capital Markets Ben Bienvenu - Stephens Kristen Owen - Oppenheimer Ben Theurer - Barclays Lucas Beaumont - UBS Heather Jones - Heather Jones Research Operator ...
Ingredion(INGR) - 2024 Q1 - Earnings Call Presentation
2024-05-08 15:44
Be what's next. This presentation provides information about adjusted dilued earnings per share ("adjusted EPS") adjusted operating income, adjusted effective income ax rate, and other fi the "non-G-AP financial measures") which are not measurenents of financial performance calculated in accordance with U.S. generally accepted accounting principies ("GAPP). reconciliation of each of these non-GAAP financial measures to the most directly comparable GAAP financial measures in the appendix. These statements ca ...
Ingredion (INGR) Meets Q1 Earnings Estimates
Zacks Investment Research· 2024-05-08 12:15
Ingredion (INGR) came out with quarterly earnings of $2.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $2.80 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this food sweetener, starch and nutritional ingredient company would post earnings of $1.85 per share when it actually produced earnings of $1.97, delivering a surprise of 6.49%.Over the last four quarters, the company has surpassed consensus EPS estimate ...
Ingredion(INGR) - 2024 Q1 - Quarterly Results
2024-05-08 10:16
Exhibit 99 NEWS RELEASE Ingredion Incorporated 5 Westbrook Corporate Center CONTACT: Westchester, IL 60154 Investors: Noah Weiss, 773-896-5242 Media: corpcomm@ingredion.com INGREDION COMPLETES REORGANIZATION, REPORTS FIRST QUARTER EARNINGS UNDER NEW SEGMENTS AND RAISES GUIDANCE • First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectively • Completed sale of South Korea business, another step in reshaping the portfolio and redeploying assets • Rai ...
Ingredion Completes Reorganization, Reports First Quarter Earnings Under New Segments and Raises Guidance
Newsfilter· 2024-05-08 10:03
First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectivelyCompleted sale of South Korea business, another step in reshaping the portfolio and redeploying assetsRaising guidance for full-year reported EPS to be in the range of $10.35 to $11.00 and adjusted EPS to be in the range of $9.20 to $9.85For the second quarter 2024, the Company expects operating income to be up low to mid-single-digits WESTCHESTER, Ill., May 08, 2024 (GLOBE NEWSWIRE) -- In ...
LBB Specialties Announces Principal Partnership with Ingredion
Prnewswire· 2024-04-30 15:20
NORWALK, Conn., April 30, 2024 /PRNewswire/ -- LBB Specialties (LBBS), a leader in specialty chemicals and ingredient distribution in North America, announces a new partnership with Ingredion Incorporated (NYSE: INGR), a leading global provider of high-performance plant-based ingredient solutions to diversified industries including personal care products. LBB Specialties will be Ingredion's exclusive channel partner in the United States and Canada for its personal care product portfolio, including FARMAL™ b ...
Dr. Michael Leonard Joins Ingredion as Senior Vice President, Chief Innovation Officer and Head of Protein Fortification
Newsfilter· 2024-04-15 18:00
WESTCHESTER, Ill., April 15, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions to the food and beverage industry, today announced the appointment of Dr. Michael Leonard to the role of senior vice president, chief innovation officer and head of protein fortification, effective May 13, 2024. Leonard will serve as a member of the Company's executive leadership team and will report to Jim Zallie, president and chief executive officer. Over his 21-year ...