Darling Ingredients Inc expected to post earnings of 45 cents a share - Earnings Preview
22/07/2024 21:21
* Darling Ingredients Inc DAR.N DAR is expected to show
a fall
in quarterly revenue when it reports results on July 24 for the
period ending June 30 2024
* The Irving Texas-based company is expected to report a
17.3% decrease in revenue to $1.454 billion from $1.76 billion a
year ago, according to the mean estimate from 10 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Darling Ingredients Inc
is for
earnings of 45 cents 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 0.7%
in the last three months.
* Wall Street's median 12-month price target for Darling
Ingredients Inc is $58.50, above its last closing price
of $37.41.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.45 0.49 0.50 Beat 1.9
Dec. 31 2024 0.69 0.68 0.52 Missed -23.8
Jan. 1 0001 0.76 0.81 0.77 Missed -5.5
Jun. 30 2023 1.63 1.58 1.51 Missed -4.7
Mar. 0.95 1.00 1.14 Beat 14.5
31 2023
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
This summary was machine generated July 22 at 20:21 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)