INGREDION INCORPORATED REPORTS STRONG THIRD QUARTER 2016 RESULTS
Third quarter 2016 reported and adjusted EPS* were $1.93 and $1.96, respectively, compared to third quarter 2015 reported and adjusted EPS of $1.48 and $1.64, respectively
Year-to-date 2016 reported and adjusted EPS were $5.29 and $5.46, respectively, up from $4.09 and $4.47 in the year-ago period, respectively
Third quarter 2016 reported operating income of $221 million and record adjusted operating income* of $224 million
Company raises 2016 adjusted EPS guidance range to $6.95-$7.10 up from $6.70-$6.90
Heather Kos, 708-551-2592
Claire Regan, 708-551-2602
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Source: Ingredion Incorporated via GlobeNewswire