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Ingredion reports Q3 2026 earnings decline due to higher costs and slower recovery, lowers full-year EPS outlook

Company Fundamentals
05 Nov 2026, 13:03 WIB
GlobeNewsWire
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Bearish
Ingredion reports Q3 2026 earnings decline due to higher costs and slower recovery, lowers full-year EPS outlook

Ingredion Incorporated reported a 19% drop in third quarter 2026 operating income and a decline in diluted EPS to $2.23 from $2.61 in the prior year, driven by higher input costs, slower recovery at its Argo facility, and softer consumer demand. Despite volume growth in its Texture & Healthful Solutions segment, overall profitability was pressured by increased manufacturing expenses and currency impacts in Latin America. The company lowered its full-year 2026 EPS guidance to a range of $8.04 to $8.49 (reported) and $9.25 to $9.70 (adjusted), citing ongoing operational challenges and cost inflation. Ingredion plans to focus on cost discipline and integration of its pending Tate & Lyle acquisition to strengthen future growth and shareholder value.

Ingredion Incorporated's third quarter 2026 results provide context for readers, with Pluang's Consumer Staples sector showing broad gains as of Nov 05, 2026 18:11 WIB: of 63 priced stocks, 48 rose and 12 fell. Notable movers include Diageo plc (DEO) at USD 100.27 with a 2.63% increase and 100% sell order activity, Beyond Meat Inc (BYND) at USD 6.98 down 2.38% with 70% sell orders, and US Foods Holding Corp. (USFD) at USD 111.95 up 1.84%. The most notable figure is DEO's 100% sell order activity on Pluang.

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