Darling Ingredients Inc expected to post earnings of 42 cents a share - Earnings Preview
22/10/2024 15:06
* Darling Ingredients Inc DAR.N DAR is expected to show
a fall
in quarterly revenue when it reports results on October 24 for
the period ending January 1 0001
* The Irving Texas-based company is expected to report a
7.8% decrease in revenue to $1.499 billion from $1.63 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Darling Ingredients Inc
is for
earnings of 42 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Darling
Ingredients Inc is 48.00, above its last closing price
of $38.19.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 0.33 0.45 0.49 Beat 8.7
Mar. 31 2024 0.45 0.49 0.50 Beat 1.9
Dec. 31 2023 0.69 0.68 0.52 Missed -23.8
Sep. 30 2023 0.76 0.81 0.77 Missed -5.5
Jun. 1.63 1.58 1.51 Missed -4.7
30 2023
Mar. 31 2023 0.95 1.00 1.14 Beat 14.5
Dec. 31 2022 1.33 1.34 0.96 Missed -28.6
Sep. 30 2022 1.46 1.43 1.17 Missed -18.1
This summary was machine generated October 22 at 14:06 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)