Core Viewpoint - Ingredion reported quarterly earnings of $2.75 per share, exceeding the Zacks Consensus Estimate of $2.73 per share, but down from $3.05 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +0.73%, and the company had previously delivered a surprise of +3.24% with earnings of $2.87 per share against an expectation of $2.78 [2] - Revenues for the quarter were $1.82 billion, missing the Zacks Consensus Estimate by 2.31%, and down from $1.87 billion year-over-year [3] - Over the last four quarters, the company has consistently surpassed consensus EPS estimates but has not beaten revenue estimates [3] Stock Performance and Outlook - Ingredion shares have declined approximately 17% since the beginning of the year, contrasting with a 16.5% gain in the S&P 500 [4] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $2.53 for the upcoming quarter and $11.10 for the current fiscal year [5][8] - The Zacks Rank for Ingredion is currently 5 (Strong Sell), indicating expected underperformance in the near future [7] Industry Context - The Food - Miscellaneous industry, to which Ingredion belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Comparatively, TreeHouse Foods, another company in the same industry, is expected to report a year-over-year earnings decline of 28.4% in its upcoming results [10]

Core Viewpoint - Ingredion (INGR) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are crucial for near-term stock price movements [2][4]. - Changes in earnings estimates are strongly correlated with stock price movements, particularly due to institutional investors adjusting their valuations based on these estimates [4]. Company Performance and Outlook - The upgrade for Ingredion reflects an improvement in its underlying business, suggesting that investor sentiment may lead to increased stock prices [5]. - Over the past three months, the Zacks Consensus Estimate for Ingredion has increased by 1.4%, with expected earnings of $11.36 per share for the fiscal year ending December 2025, indicating no year-over-year change [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - The upgrade to Zacks Rank 2 places Ingredion in the top 20% of Zacks-covered stocks, suggesting a strong potential for market-beating returns in the near term [10].

Core Viewpoint - Ingredion (INGR) has been upgraded to a Zacks Rank 2 (Buy), reflecting an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in a company's earnings picture, which is a strong indicator of near-term stock price movements [2][3]. - Rising earnings estimates for Ingredion indicate an improvement in the company's underlying business, likely leading to an increase in stock price [4]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The system maintains a balanced distribution of "buy" and "sell" ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [8][9]. Recent Earnings Estimate Revisions for Ingredion - For the fiscal year ending December 2025, Ingredion is expected to earn $11.30 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 1.6% over the past three months [7].