Ingredion Sees FY24 Adj. EPS $9.70-$10.20
Portfolio Pulse from Benzinga Newsdesk
Ingredion has announced its forecast for the fiscal year 2024, projecting adjusted earnings per share (EPS) to be in the range of $9.70 to $10.20.
August 06, 2024 | 10:15 am
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POSITIVE IMPACT
Ingredion has provided its earnings forecast for FY24, expecting adjusted EPS to be between $9.70 and $10.20. This projection could positively influence investor sentiment and potentially drive the stock price up in the short term.
The announcement of a positive earnings forecast typically boosts investor confidence and can lead to a short-term increase in stock price. The projected EPS range is a key indicator of the company's expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100