Ingredion Inc. (INGR) saw its stock plummet 5.19% in Tuesday's intraday trading session, despite reporting better-than-expected Q4 earnings. The company's revenue for the quarter fell year-over-year, and the outlook for Q1 revenue and fiscal 2025 also disappointed investors.

For the fourth quarter, Ingredion reported adjusted earnings of $2.63 per diluted share, surpassing analysts' expectations of $2.56. However, net sales for the quarter declined to $1.80 billion from $1.92 billion a year ago, missing the consensus estimate of $1.86 billion.

The company also provided a lackluster outlook, forecasting Q1 net sales to be down by low-single digits compared to the prior year. For fiscal 2025, Ingredion expects net sales to grow by low-single digits, below analysts' projections of $7.58 billion.