Ingredient Solutions

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Ingredion to Release 2025 Second Quarter Financial Results On August 1, 2025
GlobeNewswire· 2025-07-11 20:03
Company Overview - Ingredion Incorporated is a leading global provider of ingredient solutions serving customers in over 120 countries [3] - The company reported annual net sales of approximately $7.4 billion for 2024, focusing on turning grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions [3] - Ingredion operates innovation centers known as Idea Labs and employs more than 11,000 people to co-create with customers [3] Financial Results Announcement - Ingredion will release its second quarter 2025 financial results on August 1, 2025, before the market opens [1] - A conference call to discuss the financial performance will be hosted by the CEO and CFO on August 1 at 8 a.m. CT [2] - The conference call will be webcast live, and a replay will be available on the company's website [2]
MGP (MGPI) Reports Q1 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-01 14:36
Core Insights - MGP reported a revenue of $121.65 million for the quarter ended March 2025, reflecting a 28.7% decline year-over-year, with EPS at $0.36 compared to $1.07 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $113.26 million by 7.41%, while the EPS surpassed the consensus estimate of $0.31 by 16.13% [1] Financial Performance - MGP's branded spirits sales were $48.23 million, slightly below the estimated $48.51 million, marking a year-over-year decrease of 3.8% [4] - Ingredient solutions sales reached $26.48 million, exceeding the estimated $26.11 million, but showing a significant decline of 25.5% compared to the previous year [4] - Distilling solutions sales were reported at $46.94 million, surpassing the average estimate of $38.64 million, yet reflecting a substantial year-over-year drop of 44.7% [4] Market Performance - Over the past month, MGP shares have returned 4.2%, contrasting with a 0.7% decline in the Zacks S&P 500 composite [3] - MGP currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]