date:Aug 04, 2014
South America. Year-to-date 2014 operating income fell 10% from $315 million to $285 million largely as a result of on-going weakness in South America and a weaker-than-expected first quarter in North America.
In its guidance to analysts, Ingredion said that 2014 EPS is expected to be in a range of $5.40 to $5.70 compared to $5.05 in 2013. The guidance anticipates continued cost pressures in Argentina and softness in the Brazilian economy; ongoing strong performance in Mexico; and, an effectiv