Yahoo Finance

WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Tuesday reported profit of $197 million in its first quarter.

On a per-share basis, the Westchester, Illinois-based company said it had net income of $3. Earnings, adjusted for one-time gains and costs, came to $2.97 per share.

The food sweetener, starch and nutritional ingredient company posted revenue of $1.81 billion in the period.

Ingredion expects full-year earnings in the range of $10.90 to $11.60 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INGR at https://www.zacks.com/ap/INGR