Fourth quarter 2023 reported and adjusted operating income* grew 29% and 21%, respectively Full-year 2023 reported and adjusted EPS* were $9.60 and $9.42, an increase of 31% and 26%, respectively, which includes S. Korea business results that contributed $0.47 and $0.45, respectively Full-year 2023 cash from operations was $1,057 million, up from $152 million in 2022 The [...]
Second quarter 2023 reported and adjusted operating income* grew 18% and 17%, respectively, compared to PY Second quarter 2023 reported and adjusted EPS* were $2.42 and $2.32, an increase of 14% and 9%, respectively The Company raises its full year adjusted EPS outlook to be in the range of $8.80-$9.40, up from $8.70-$9.40 WESTCHESTER, Ill., Aug. 8 [...]
First quarter 2023 reported and adjusted EPS* were $2.85 and $2.80, respectively, compared to first quarter 2022 reported and adjusted EPS of $1.92 and $1.95 First quarter gross margins increased by 280 basis points to 22.8% compared to the same quarter last year The Company raises full-year 2023 adjusted EPS outlook to be in the range [...]
Fourth quarter 2022 reported and adjusted EPS* were $1.71 and $1.65, respectively, compared to fourth quarter 2021 reported and adjusted EPS of $0.99 and $1.09 Full year 2022 reported and adjusted EPS* were $7.34 and $7.45, respectively, compared to full year 2021 reported and adjusted EPS of $1.73 and $6.67 In 2022, the Company returned $288 million [...]
Third quarter 2022 net sales of $2,023 million, 15% higher on a reported basis and 19% higher excluding foreign exchange impacts compared to the same period in 2021 Third quarter 2022 reported and adjusted EPS* were $1.59 and $1.73, respectively, compared to third quarter 2021 reported and adjusted EPS of $1.75 and 1.67, respectively The Company [...]
Second quarter 2022 reported and adjusted EPS* were both $2.12, compared to second quarter 2021 reported and adjusted EPS of $2.62 and $2.05, respectively Year-to-date 2022 reported and adjusted EPS were $4.04 and $4.06, respectively, compared to $(1.01) and $3.90 in the year-ago period, respectively The Company expects full year 2022 adjusted earnings per share [...]
First quarter 2022 reported and adjusted EPS* were $1.92 and $1.95, respectively, compared to first quarter 2021 reported and adjusted EPS of $(3.66) and $1.85, respectively The Company maintains its expectation for full year adjusted EPS of $6.85 to $7.45, which reflects the impact of higher than expected effective tax rates WESTCHESTER, Ill., May 5 (Korea [...]
Second quarter 2021 reported and adjusted EPS* were $2.62 and $2.05, respectively, compared to second quarter 2020 reported and adjusted EPS of $0.98 and $1.12, respectively. Year-to-date 2021 reported and adjusted EPS were $(1.01) and $3.90, respectively, compared to $2.08 and $2.72, respectively, in the year-ago period. Year-to-date reported results reflect a $360 million held for [...]
First quarter 2021 reported and adjusted EPS* were $(3.66) and $1.85, respectively, compared to first quarter 2020 reported and adjusted EPS of $1.11 and $1.59, respectively. Double-digit adjusted EPS growth reflects specialties ingredients momentum and strong execution across the Company’s regions. Related to the Arcor joint venture announcement, reported results reflect a $360 million held [...]
WESTCHESTER, Ill., Feb. 3 (Korea Bizwire) – Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported results for the fourth quarter and full-year 2020. The results, reported in accordance with U.S. generally accepted accounting principles (“GAAP”) for 2020 and 2019, include items that are excluded from [...]