Ingredion Q3 net income falls 17% to $142 million
Bitget2026/11/05 11:15- Ingredion’s third-quarter 2026 diluted earnings per share fell 15% year over year to $2.23.
- Net sales declined to $1.79 billion, primarily reflecting the sale of a majority stake in the Pakistan business.
- Argo’s financial recovery remained slower than expected, with high manufacturing costs and softer food and beverage demand limiting profitable volume growth.
- Full-year 2026 diluted earnings guidance was lowered to $8.04–$8.49 per share, primarily reflecting slower earnings recovery in U.S./Canada operations.
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