Ingredion: 4Q Earnings Snapshot

WESTCHESTER, Ill. (AP) _ Ingredion Inc. (INGR) on Tuesday reported fourth-quarter profit of $94 million.

On a per-share basis, the Westchester, Illinois-based company said it had net income of $1.36. Earnings, adjusted for restructuring costs and pretax expenses, were $1.61 per share.

The food sweetener, starch and nutritional ingredient company posted revenue of $1.54 billion in the period. Its adjusted revenue was $1.43 billion.

For the year, the company reported profit of $443 million, or $6.17 per share. Revenue was reported as $5.84 billion.

Ingredion expects full-year earnings in the range of $6.80 to $7.50 per share.

Ingredion shares have increased 6.5 percent since the beginning of the year. The stock has decreased 28 percent in the last 12 months.

_____

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