Darling Ingredients (DAR) to Release Quarterly Earnings on Tuesday

Darling Ingredients (NYSE:DAR) will issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of $0.12 per share for the quarter.

Darling Ingredients (NYSE:DAR) last released its earnings results on Wednesday, August 8th. The company reported $0.11 EPS for the quarter, hitting analysts’ consensus estimates of $0.11. Darling Ingredients had a net margin of 4.99% and a return on equity of 6.01%. The firm had revenue of $846.65 million during the quarter, compared to analyst estimates of $868.36 million. During the same quarter in the previous year, the business earned $0.05 EPS. The business’s quarterly revenue was down 5.4% compared to the same quarter last year. On average, analysts expect Darling Ingredients to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

DAR opened at $20.97 on Monday. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.90 and a quick ratio of 1.13. Darling Ingredients has a 52 week low of $15.80 and a 52 week high of $21.50. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 24.96 and a beta of 1.07.

DAR has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their target price on shares of Darling Ingredients from $19.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, August 10th. Zacks Investment Research lowered shares of Darling Ingredients from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 31st. Finally, BMO Capital Markets lifted their target price on shares of Darling Ingredients from $20.00 to $22.00 and gave the stock a “market perform” rating in a report on Friday, August 10th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $21.00.

Darling Ingredients Company Profile

Darling Ingredients Inc develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

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Earnings History for Darling Ingredients (NYSE:DAR)

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