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Market Impact: 0.39

Ingredion (INGR) Lags Q1 Earnings Estimates

INGR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Ingredion reported quarterly EPS of $2.34, missing the Zacks Consensus Estimate of $2.44 by $0.10 per share. Earnings also declined from $2.97 per share a year ago, indicating weaker year-over-year profitability. The miss is likely to weigh on the stock, though the article provides no additional details on revenue or guidance.

Analysis

Ingredion reported quarterly EPS of $2.34, missing the Zacks Consensus Estimate of $2.44 by $0.10 per share. Earnings also declined from $2.97 per share a year ago, indicating weaker year-over-year profitability. The miss is likely to weigh on the stock, though the article provides no additional details on revenue or guidance.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.34

Ticker Sentiment

INGR-0.70