Investing.com - Ingredion reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ingredion announced earnings per share of $1.73 on revenue of $2.02B. Analysts polled by Investing.com anticipated EPS of $1.63 on revenue of $2.04B.
Ingredion shares are down 19.42% from the beginning of the year and are trading at $87.68 , down-from-52-week-high.
Ingredion follows other major Consumer Staples sector earnings this month
Ingredion's report follows an earnings beat by Procter&Gamble on October 19, who reported EPS of $1.57 on revenue of $20.6B, compared to forecasts EPS of $1.56 on revenue of $20.37B.
Coca-Cola had beat expectations on October 25 with third quarter EPS of $0.69 on revenue of $11.1B, compared to forecast for EPS of $0.6388 on revenue of $10.53B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar