Ingredion Incorporated Reports Fourth Quarter and Full-Year 2019 Results
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Ingredion (INGR) Tops Q4 EPS by 12c, Revenues Beat; Offers FY20 EPS Outlook
February 11, 2020 7:05 AM ESTIngredion (NYSE: INGR) reported Q4 EPS of $1.61, $0.12 better than the analyst estimate of $1.49. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.45 billion.
Fourth quarter 2019 reported and adjusted EPS* were both $1.61, compared with $1.36 and $1.61 in the fourth quarter 2018Full-year 2019 reported and adjusted EPS were $6.13 and $6.65, down from $6.17 and $6.92 in the year-ago periodNet sales presentation excludes shipping and handling costs, which are now reported in cost of salesFor the second consecutive quarter, we delivered net sales growth by taking pricing actions across our business... More
