Ingredion: 3Q Earnings Snapshot
WESTCHESTER, Ill. (AP) _ Ingredion Inc. (INGR) on Thursday reported third-quarter earnings of $95 million.
The Westchester, Illinois-based company said it had profit of $1.32 per share. Earnings, adjusted for restructuring costs, were $1.70 per share.
The food sweetener, starch and nutritional ingredient company posted revenue of $1.45 billion in the period.
Ingredion expects full-year earnings in the range of $6.80 to $7.05 per share.
Ingredion shares have dropped 27 percent since the beginning of the year. The stock has declined 19 percent in the last 12 months._____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.