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Darling Ingredients(DAR) - 2024 Q2 - Earnings Call Presentation
2024-07-25 13:03
This presentation includes "forward-looking" statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. Statements that are not statements of historical facts are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "estimate," "guidance," "outlook," "project," "planned," "contemplate," "potential," "possible," "p ...
Darling Ingredients (DAR) Q2 Earnings Top Estimates
ZACKS· 2024-07-25 12:45
This quarterly report represents an earnings surprise of 25.64%. A quarter ago, it was expected that this producer of natural ingredients from edible and inedible bionutrients would post earnings of $0.40 per share when it actually produced earnings of $0.50, delivering a surprise of 25%. Darling, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $1.46 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.24%. This compares to year-ago revenues of $1.7 ...
Darling Ingredients(DAR) - 2024 Q2 - Quarterly Results
2024-07-25 12:34
July 25, 2024 Exhibit 99.1 FOR IMMEDIATE RELEASE Darling Ingredients Inc. Reports Second Quarter 2024 Results Second Quarter 2024 • Net income of $78.9 million, or $0.49 per GAAP diluted share • Net sales of $1.5 billion • Combined adjusted EBITDA of $273.6 million • Repurchased $29.2 million of common stock • Received $77.1 million in cash dividends from Diamond Green Diesel on July 18, 2024 IRVING, TEXAS - Darling Ingredients Inc. (NYSE: DAR) today reported net income of $78.9 million, or $0.49 per dilute ...
Darling Ingredients Inc. Reports Second Quarter 2024 Results
Prnewswire· 2024-07-25 10:35
Second Quarter 2024 Net income of $78.9 million, or $0.49 per GAAP diluted share Net sales of $1.5 billion Combined adjusted EBITDA of $273.6 million Repurchased $29.2 million of common stock Received $77.1 million in cash dividends from Diamond Green Diesel on July 18, 2024 IRVING, Texas, July 25, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today reported net income of $78.9 million, or $0.49 per diluted share for the second quarter of 2024, compared to net income of $252.4 million, or $1.55 ...
Earnings Preview: Darling Ingredients (DAR) Q2 Earnings Expected to Decline
ZACKS· 2024-07-18 15:09
Wall Street expects a year-over-year decline in earnings on lower revenues when Darling Ingredients (DAR) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price chang ...
Darling Ingredients Inc. to Release Second Quarter 2024 Financial Results
Prnewswire· 2024-07-09 20:48
To join the call as a participant to ask a question, please register in advance to receive a confirmation email with the dial-in number and PIN for immediate access on July 25, 2024, or call 844-868-8847 (United States) or 412- 317-6593 (International) and ask for "The Darling Ingredients Call" that day. A pioneer in circularity, Darling Ingredients Inc. (NYSE: DAR) takes material from the animal agriculture and food industries, and transforms them into valuable ingredients that nourish people, feed animals ...
Value Investing Is Back! 3 Stocks With Strong Fundamentals to Buy Now
Investor Place· 2024-06-26 17:35
Volatility has increased on Wall Street while tech stocks are taking a breather. As a result, many investors are eyeing value stocks to buy, which may hold considerable potential for future returns. Research indicates that value stocks often outperform both the market average and growth stocks during downturns, offering stability amid market volatility. Although they may not promise rapid growth as some tech stocks, value stocks typically provide consistent returns over time. Furthermore, Goldman Sachs sugg ...
Darling Ingredients Inc. to Reduce Emissions Through Renewable Natural Gas Production
Prnewswire· 2024-06-05 20:48
IRVING, Texas, June 5, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that it plans to reduce emissions from its wastewater treatment plants at some of its rendering facilities by capturing biogas and converting it to renewable natural gas (RNG) in partnership with GreenGasUSA. The initial plan is to start with five Darling Ingredients plants in the United States with the op ...
Darling Ingredients Inc. to Participate in Upcoming Conferences
Prnewswire· 2024-05-08 20:47
IRVING, Texas, May 8, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced that the company will participate in the following conferences:- BMO Global Farm to Market Conference in New York City, N.Y. – May 15  Chairman and Chief Executive Officer Randall C. Stuewe will participate in a fireside chat (9:30 a.m. ET) and investor meetings.- TD Cowen 2nd Annual Virtual Sustainability ...
Compared to Estimates, Darling (DAR) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-04-25 22:30
For the quarter ended March 2024, Darling Ingredients (DAR) reported revenue of $1.42 billion, down 20.7% over the same period last year. EPS came in at $0.50, compared to $1.16 in the year-ago quarter.The reported revenue represents a surprise of +0.45% over the Zacks Consensus Estimate of $1.41 billion. With the consensus EPS estimate being $0.40, the EPS surprise was +25.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...