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Ingredion Q1 Adjusted Earnings, Revenue Falls

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Ingredion (INGR) reported Q1 adjusted earnings Tuesday of $2.34 per diluted share, down from $2.97 a year earlier.

Analysts polled by FactSet expected $2.48.

Revenue for the quarter ended March 31 was $1.79 billion, down from $1.81 billion a year earlier.

Analysts surveyed by FactSet expected 1.79 billion.

Shares of the company fell more than 1% in Tuesday's premarket activity.

Price: $104.98, Change: $-1.90, Percent Change: -1.78%

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