Quarterly ResultNov 7, 2026, 05:57 PM
Ingredion Q3 EPS Falls 15% to $2.23; Full-Year Guidance Lowered
AI Summary
Ingredion Incorporated reported a decrease in third-quarter 2026 financial results compared to the prior year, with diluted EPS falling to $2.23 from $2.61 and operating income declining 19% to $201 million. The company cited slower-than-expected financial recovery at its Argo facility, rising input costs, and slowing consumer demand as primary reasons for the underperformance. Despite these challenges, the Texture & Healthful Solutions segment showed continued net sales growth for the tenth consecutive quarter. Ingredion has revised its full-year 2026 earnings per share guidance downwards.
Key Highlights
- Ingredion reported Q3 2026 diluted EPS of $2.23, down from $2.61 in Q3 2025.
- Reported operating income for Q3 2026 was $201 million, a 19% decrease year-over-year.
- Net sales for Q3 2026 decreased 1% to $1.79 billion, excluding Pakistan divestiture, sales increased 2%.
- Texture & Healthful Solutions segment net sales increased 1% to $610 million.
- Food & Industrial Ingredients – U.S./Canada segment operating income fell 36% to $52 million.
- Company revised full-year 2026 diluted EPS guidance to a range of $8.04-$8.49.
- Ingredion paid $53 million in dividends and repurchased $85 million in stock during Q3 2026.
Price Impact
More from INGR