Ingredion (INGR) Meets Q1 Earnings Estimates
- Ingredion reported Q1 earnings of $2.08 per share, in line with estimates. - Revenues of $1.88 billion for the quarter missed estimates by 3.59%. - Stock performance dependent on management's commentary and future earnings outlook. - Ingredion shares have risen 7.4% YTD, underperforming the S&P 500. - Earnings estimate revisions for Ingredion are mixed, translating to a Zacks Rank #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
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