Ingredion Incorporated Reports Decline In Q1 Bottom Line

(RTTNews) - Ingredion Incorporated (INGR) reported earnings for first quarter that Drops, from last year

The company's bottom line came in at $142 million, or $2.22 per share. This compares with $197 million, or $3.00 per share, last year.

Excluding items, Ingredion Incorporated reported adjusted earnings of $150 million or $2.34 per share for the period.

The company's revenue for the period fell 1.2% to $1.792 billion from $1.813 billion last year.

Ingredion Incorporated earnings at a glance (GAAP) :

-Earnings: $142 Mln. vs. $197 Mln. last year. -EPS: $2.22 vs. $3.00 last year. -Revenue: $1.792 Bln vs. $1.813 Bln last year.