Ingredion reports Q2 adjusted EPS $2.87, consensus $2.79

Reports Q2 revenue $1.83B, consensus $1.89B. “Ingredion (INGR) delivered another solid quarter, underscoring the strength and resilience of our diversified business model,” stated Jim Zallie, president and CEO of Ingredion. “Our Texture & Healthful Solutions segment delivered 2% net sales and 29% operating income growth. These results were driven by sales volume growth, especially for clean label solutions, and operating excellence as better demand forecasting and procurement efforts contributed to the segment’s performance.”