WESTCHESTER, Ill. (AP) — WESTCHESTER, Ill. (AP) — Ingredion Inc. (INGR) on Tuesday reported net income of $95 million in its fourth quarter.
The Westchester, Illinois-based company said it had net income of $1.43 per share. Earnings, adjusted for one-time gains and costs, were $2.63 per share.
The food sweetener, starch and nutritional ingredient company posted revenue of $1.8 billion in the period.
For the year, the company reported profit of $647 million, or $9.71 per share. Revenue was reported as $7.43 billion.
Ingredion expects full-year earnings in the range of $10.75 to $11.55 per share.
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