Previous close | 116.57 |
Open | 117.25 |
Bid | 117.66 x 900 |
Ask | 118.15 x 900 |
Day's range | 112.75 - 118.44 |
52-week range | 89.54 - 118.83 |
Volume | |
Avg. volume | 375,814 |
Market cap | 7.716B |
Beta (5Y monthly) | 0.81 |
PE ratio (TTM) | 12.24 |
EPS (TTM) | 9.61 |
Earnings date | 08 May 2024 |
Forward dividend & yield | 3.12 (2.68%) |
Ex-dividend date | 28 Mar 2024 |
1y target est | 127.83 |
Company Raises Full-Year EPS Guidance Despite Current Challenges
Ingredion (INGR) delivered earnings and revenue surprises of 0% and 3.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectivelyCompleted sale of South Korea business, another step in reshaping the portfolio and redeploying assetsRaising guidance for full-year reported EPS to be in the range of $10.35 to $11.00 and adjusted EPS to be in the range of $9.20 to $9.85For the second quarter 2024, the Company expects operating income to be up low to mid-single-digits WESTCHESTER, Ill., May 08, 2024 (GLOBE NEW