Darling Ingredients Inc expected to post earnings of 66 cents a share - Earnings Preview
24/02/2024 03:08
* Darling Ingredients Inc DAR.N DAR is expected to show
a fall
in quarterly revenue when it reports results on February 27 for
the period ending December 31 2023
* The Irving Texas-based company is expected to report a
4.7% decrease in revenue to $1.684 billion from $1.77 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Darling Ingredients Inc
is for
earnings of 66 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"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 $70.00, above its last closing price
of $42.32.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.76 0.81 0.77 Missed -5.5
Jun. 30 2023 1.63 1.58 1.51 Missed -4.7
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. 1.46 1.43 1.17 Missed -18.1
30 2022
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. 31 2021 0.81 0.87 0.94 Beat 8.5
This summary was machine generated February 24 at 03:08 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)