Darling Ingredients Inc expected to post earnings of 83  cents a share - Earnings Preview

Darling Ingredients

04/11/2023 03:25

* Darling Ingredients Inc  DAR.N   DAR  is expected to show
a rise
in quarterly revenue when it reports  results on November 7. 
    * The Irving Texas-based  company is expected to report  a
1.1% increase in revenue to $1.767 billion from $1.75 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Darling Ingredients
Inc
is for earnings of 83 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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 $75​, above​ its last closing price
of $45.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.46        1.43       1.17      Missed  -18.1
 ​​Jun.        1.26        1.27       1.23      Missed  -2.8
 30 2022                                                
 Mar. 31 2022  1.10        1.12       1.14      Beat    2.1​
 Dec. 31 2021  0.81        0.87       0.94      Beat    8.5
 Sep. 30 2021  0.79        0.80       0.88      Beat    9.6
 This summary was machine generated November 4 at 03:25 GMT.  All
figures in US dollars  unless otherwise stated