Ingredion Q4 adjusted EPS misses analyst expectations

Overview

• Ingredient solutions provider's Q4 adjusted EPS missed analyst expectations

• Full-year 2025 net sales fell 3% due to lower volumes and price mix

• Texture & Healthful Solutions segment saw 4% sales volume growth in Q4

Outlook

• Ingredion expects full-year 2026 EPS between $11.00 and $11.80

• Company anticipates 2026 net sales to grow low to mid-single digits

• Cash from operations for 2026 expected between $820 mln and $940 mln

Result Drivers

• TEXTURE & HEALTHFUL SOLUTIONS - Segment saw 4% sales volume growth driven by strong demand for clean label offerings and capacity expansion

• LATAM SEGMENT RECOVERY - Food & Industrial Ingredients—LATAM regained momentum with operating income growth as market conditions improved

• U.S./CANADA CHALLENGES - Operational issues and weaker sweetener demand impacted Food & Industrial Ingredients—U.S./CAN results

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the food processing peer group is "buy."

• Wall Street's median 12-month price target for Ingredion Inc is $123.50, about 5.3% above its February 2 closing price of $117.31

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nGNX4fMMmv

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.