date:Aug 06, 2018
same period a year ago. Net sales increased 7% to $147 million.
James D. Gray, chief financial officer, noted during the call that Ingredion expects 2018 adjusted earnings per share in the range of $7.50 to $7.80, which would be down from the forecast of $7.90 to $8.20 following the release of first-quarter results and down from the companys initial guidance of $8.10 to $8.50.
Mr. Gray noted that Ingredion expects net sales and volumes to be up from 2017 and expects continued growth in specia