Ingredion Inc
INGR: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&@ | LOCK|%GX< | LOCK|H>pd!n@ |
Ingredion Earnings: Shares Turn Sour on Guidance Cut; Reducing Fair Value Estimate by 7%
Ingredion's third-quarter results were down versus the prior-year quarter as a US plant outage and weak brewing ingredients demand in Latin America weighed on profits. The shares were down 5% on Nov. 4 at the time of writing as the market reacted to management's guidance cut.
