Overview

* Ingredion ( INGR ) Q3 adjusted EPS misses analyst expectations, declining from last year

* Reported and adjusted operating income fell 7% and 10% respectively in Q3

* Texture & Healthful Solutions segment saw 4% sales volume growth in Q3

Outlook

* Ingredion ( INGR ) expects full-year 2025 EPS between $11.11 and $11.31

* Full-year 2025 net sales expected to be flat to down low single-digits

* Texture & Healthful Solutions operating income expected to rise high double-digits

Result Drivers

* TEXTURE & HEALTHFUL SOLUTIONS - Segment achieved 4% sales volume growth, driven by strong demand for clean label ingredient solutions in U.S./Canada and Asia-Pacific

* F&I U.S./CANADA CHALLENGES - Segment operating income fell 18% due to production issues at a major facility and reduced consumer demand

* LATAM WEAKNESS - Operating income decreased 11% due to lower brewing industry volumes and economic factors affecting consumer demand

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Miss $2.75 $2.88 (5

Adjusted Analysts

EPS )

Q3 EPS $2.61

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the food processing peer group is "buy"

* Wall Street's median 12-month price target for Ingredion Inc ( INGR ) is $138.00, about 17.3% above its November 3 closing price of $114.13

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)