Darling Ingredients Inc reports results for the quarter ended in March - Earnings Summary

Darling Ingredients

09/05/2023 23:58

* Darling Ingredients Inc  DAR.N  reported quarterly
adjusted
earnings of $1.14​​ per share for the quarter ended in March.
The mean expectation of fifteen analysts for the quarter was
for earnings of $1.00 per share.
    * Revenue rose 31.1% to $1.79 billion from a year ago;
analysts
expected $1.62 billion. 
    * Darling Ingredients Inc's reported EPS for the quarter was
$1.14​.
    * The mean earnings estimate of analysts had fallen by
about 28.8%
in the last three months.​ 
    * In the last 30 days, nine analysts negatively revised
earnings
estimates 
    * Darling Ingredients Inc shares had fallen by 1.4% this
quarter and lost 8.0% so far this year.
    * The company reported quarterly net income of $185.8
million.
    * Wall Street's median 12-month price target for Darling
Ingredients Inc is $93.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 10:58 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.00           1.14           Beat
 Dec. 31 2022      1.34           0.96           Missed
 Sep. 30 2022      1.43           1.17           Missed
 Jun. 30 2022      1.27           1.23           Missed