Ingredion (NYSE: INGR) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Ingredion met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue stayed the same. GAAP earnings per share shrank.

Margins contracted across the board.

Revenue details
Ingredion logged revenue of $1.64 billion. The six analysts polled by S&P Capital IQ predicted net sales of $1.64 billion on the same basis. GAAP reported sales were 0.1% lower than the prior-year quarter's $1.64 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $1.20. The nine earnings estimates compiled by S&P Capital IQ predicted $1.18 per share. GAAP EPS of $1.20 for Q2 were 14% lower than the prior-year quarter's $1.40 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 16.9%, 120 basis points worse than the prior-year quarter. Operating margin was 8.6%, 170 basis points worse than the prior-year quarter. Net margin was 5.8%, 90 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $1.69 billion. On the bottom line, the average EPS estimate is $1.31.

Next year's average estimate for revenue is $6.59 billion. The average EPS estimate is $5.26.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 336 members out of 357 rating the stock outperform, and 21 members rating it underperform. Among 96 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 88 give Ingredion a green thumbs-up, and eight give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ingredion is outperform, with an average price target of $77.43.

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