Ingredion Q1 Adj. EPS $2.97 Beats $2.41 Estimate, Sales $1.81B Miss $1.84B Estimate

Ingredion (NYSE:INGR) reported quarterly earnings of $2.97 per share which beat the analyst consensus estimate of $2.41 by 23.24 percent. This is a 42.79 percent increase over earnings of $2.08 per share from the same period last year. The company reported quarterly sales of $1.81 billion which missed the analyst consensus estimate of $1.84 billion by 1.37 percent. This is a 3.67 percent decrease over sales of $1.88 billion the same period last year.