06:49 AM EDT, 08/06/2024 (MT Newswires) -- Ingredion ( INGR ) reported Q2 adjusted earnings Tuesday of $2.87 per diluted share, up from $2.32 a year earlier.

Analysts polled by Capital IQ expected $2.49.

Revenue for the quarter ended June 30 was $1.88 billion compared with $2.07 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.98 billion.

The company raised 2024 adjusted EPS guidance to $9.70 to $10.20 from $9.20 to $9.85. Analysts surveyed by Capital IQ expect $9.60.