Ingredion Inc beats Q2 sales estimates, reaffirms 2026 guidance

Ingredion

04/08/2026 11:24

Overview
U.S. ingredient solutions provider's Q2 sales rose 1%, beating analyst expectations
Adjusted EPS for Q2 fell slightly to $2.82
Company reaffirmed full-year guidance and noted progress on Tate & Lyle acquisition

Outlook
Ingredion reaffirms 2026 full-year reported EPS guidance of $9.15 to $9.75
Company expects 2026 adjusted EPS in the range of $10.30 to $10.90
Ingredion sees 2026 net sales flat to up low single digits, operating income down low double digits

Result Drivers
SALES VOLUME GROWTH - Texture & Healthful Solutions segment delivered net sales volume growth, supported by strong customer demand for clean-label and other solutions offerings
PRODUCTION CHALLENGES - Food & Industrial Ingredients—U.S./CAN segment operating income declined due to lower production at Argo facility and softer volumes and price mix; production rates normalized by quarter-end
CURRENCY IMPACTS - Food & Industrial Ingredients—LATAM segment operating income decreased, primarily due to Mexico’s transactional currency impacts and a more challenging demand environment

Company press release: ID:nGNX7mp2DM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$1.85 bln
$1.83 bln (6 Analysts)
Q2 EPS
 
$1.78
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "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 is $120.00, about 19.5% above its August 3 closing price of $100.42
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

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(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.)