Ingredion: Q1 Earnings Snapshot

Audio By Carbonatix

WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Wednesday reported profit of $216 million in its first quarter.

On a per-share basis, the Westchester, Illinois-based company said it had net income of $3.23. Earnings, adjusted for non-recurring gains and pretax gains, were $2.08 per share.

The food sweetener, starch and nutritional ingredient company posted revenue of $1.88 billion in the period.

Ingredion expects full-year earnings in the range of $9.20 to $9.85 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INGR at https://www.zacks.com/ap/INGR