Ingredion (INGR) reported Q1 adjusted earnings Tuesday of $2.97 per diluted share, up from $2.08 a year earlier.
Analysts polled by FactSet expected $2.41.
Revenue for the quarter ended March 31 was $1.81 billion, down from $1.88 billion a year earlier.
Four analysts surveyed by FactSet expected $1.85 billion.
The company raised its 2025 adjusted EPS guidance to a range of $10.90 to $11.60, up from $10.75 to $11.55 previously.
Analysts surveyed by FactSet expect $10.99.
Shares of the company were up more than 3% in recent Tuesday premarket activity.
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