Ingredion Inc
INGR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|@& | LOCK|q!T?n | LOCK|Vk<g>RR |
Ingredion Earnings: Stock Slides on Guidance Below Consensus; We Maintain Our Fair Value Estimate
Ingredion reported solid second-quarter earnings. Operating income grew 13% year over year driven by unit cost reductions in excess of price declines. Ingredion shares were down 3% at the time of writing as full-year adjusted earnings per share guidance came in below FactSet consensus estimates.
