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Ingredion's Q1: Argo Woes, Latin America Lags, Guidance Cut
Published 2 days ago
Description
Ingredions Q1 performance was mixed, with revenue matching estimates but earnings missing analyst expectations. The main drag was issues at the Argo facility, leading to a 5.3% reduction in full-year EPS guidance. The company is banking on Argo recovery, pricing power, and Latin America resilience to turn things around.
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