Quarterly ResultAug 4, 2026, 06:12 AM
Ingredion Q2 Adj. EPS $2.82, Net Sales +1%; Tate & Lyle Offer Accepted
AI Summary
Ingredion reported Q2 2026 adjusted EPS of $2.82, a slight decrease from $2.87 in Q2 2025, with net sales increasing 1% to $1.85 billion. Reported operating income decreased 31%, while adjusted operating income saw a 5% decline. The company announced that Tate & Lyle shareholders accepted its all-cash acquisition offer and reaffirmed its amended full-year 2026 guidance for adjusted EPS between $10.30 and $10.90.
Key Highlights
- Tate & Lyle shareholders accepted Ingredion's 595 pence all-cash offer.
- Q2 2026 adjusted EPS was $2.82, compared to $2.87 in Q2 2025.
- Q2 2026 reported EPS was $1.78, compared to $2.99 in Q2 2025.
- Q2 2026 net sales increased 1% to $1.85 billion.
- Q2 2026 adjusted operating income decreased 5% to $258 million.
- Texture & Healthful Solutions Q2 operating income up 5% to $117 million.
- Reaffirmed full-year 2026 adjusted EPS guidance: $10.30 to $10.90.
- Company paid $52 million in dividends in Q2 and repurchased $14 million of stock YTD.
Price Impact
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