Darling Ingredients Inc expected to post earnings of $1.00 a share - Earnings Preview

Darling Ingredients

05/05/2023 23:06

* Darling Ingredients Inc  DAR.N   DAR  is expected to show
a rise
in quarterly revenue when it reports  results on May 9. 
    * The Irving Texas-based  company is expected to report  a
18.7% increase in revenue to $1.622 billion from $1.37 billion a
year ago, according to the mean estimate from 11 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Darling Ingredients
Inc
is for earnings of $1.00 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Darling
Ingredients Inc is $93​, above​ its last closing price
of $57.69. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.33        1.34       0.96      Missed  -28.6
 Sep. 30 2022  1.46        1.43       1.17      Missed  -18.1
 Jun. 30 2022  1.26        1.27       1.23      Missed  -2.8​
 Mar. 31 2022  1.10        1.12       1.14      Beat    2.1
 ​​Dec.        0.81        0.87       0.94      Beat    8.5
 31 2021                                                
 Sep. 30 2021  0.79        0.80       0.88      Beat    9.6​
 Jun. 30 2021  0.94        0.88       1.17      Beat    32.4
 Mar. 31 2021  0.66        0.64       0.91      Beat    41.7
 This summary was machine generated May 5 at 22:06 GMT.  All
figures in US dollars  unless otherwise stated