Ingredion Raises FY23 Adj. EPS Guidance From $8.70-$9.40 To $8.80-$9.40 vs $9.12 Est.
Portfolio Pulse from Benzinga Newsdesk
Ingredion has increased its FY23 adjusted EPS guidance from $8.70-$9.40 to $8.80-$9.40, compared to the estimated $9.12.
August 08, 2023 | 10:06 am
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POSITIVE IMPACT
Ingredion's raised FY23 adjusted EPS guidance may positively impact its stock price.
Ingredion's raised EPS guidance for FY23 indicates a potentially stronger financial performance than previously expected. This could increase investor confidence and drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100