Ingredion will report earnings Tuesday before market open. Analysts expect revenue to be flat year on year, an improvement from the 2.4% decline in the same quarter last year. Last quarter, the company reported revenues of $1.79 billion, down 1.2% year on year, missing gross margin and EPS estimates. Ingredion's stock price was unchanged over the last month, heading into earnings with an average analyst price target of $121.17 compared to the current share price of $99.75.
Ingredion IncorporatedEarnings report upcoming; revenue expected flat, but prior quarter missed estimates, and stock unchanged with price target above current price.