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Darling Ingredients(DAR) - 2024 Q1 - Earnings Call Transcript
2024-04-25 19:23
Darling Ingredients Inc. (NYSE:DAR) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Suann Guthrie - Senior Vice President, Investor Relations, Sustainability & Communications Randall Stuewe - Chairman & Chief Executive Officer Brad Phillips - Executive Vice President & Chief Financial Officer Bob Day - Executive Vice President-Strategy Matt Jansen - Chief Operating Officer-North America Dushyant Ailani - Jefferies Tom Palmer - Citi Ben Bienvenu - Stephens Adam Samuelson - Goldman Sachs Manav Gupt ...
Darling Ingredients(DAR) - 2024 Q1 - Earnings Call Presentation
2024-04-25 16:23
DAF Financial Results Q1 2024 April 25, 2024 This presentation includes "forward-looking" statements that are subject to risks and uncertairties that could cause actual results to differ materially from those expessed mplied in the statements. Statements that are not statements of historical focts are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Wards such as "estimate," "outlook," "project," "planned," "contemplate," ...
Darling Ingredients (DAR) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 12:51
Darling Ingredients (DAR) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to earnings of $1.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 25%. A quarter ago, it was expected that this producer of natural ingredients from edible and inedible bionutrients would post earnings of $0.74 per share when it actually produced earnings of $0.62, delivering ...
Darling Ingredients(DAR) - 2024 Q1 - Quarterly Results
2024-04-25 12:34
Exhibit 99.1 FOR IMMEDIATE RELEASE April 25, 2024 Darling Ingredients Inc. Reports First Quarter 2024 Results First Quarter 2024 IRVING, TEXAS - Darling Ingredients Inc.(NYSE: DAR) today reported net income of $81.2 million, or $0.50 per diluted share for first quarter of 2024, compared to net income of $185.8 million, or $1.14 per diluted share, for first quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in fat prices and lower earnings within Diamond Green Die ...
Darling Ingredients Inc. Reports First Quarter 2024 Results
Prnewswire· 2024-04-25 10:35
First Quarter 2024 Net income of $81.2 million, or $0.50 per GAAP diluted share Net sales of $1.4 billion Combined adjusted EBITDA of $280.1 million IRVING, Texas, April 25, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today reported net income of $81.2 million, or $0.50 per diluted share for first quarter of 2024, compared to net income of $185.8 million, or $1.14 per diluted share, for first quarter of 2023. The decrease in net income was primarily due to a sharp year-over-year decline in f ...
Darling Ingredients Inc. to Release First Quarter 2024 Financial Results
Prnewswire· 2024-04-18 20:46
IRVING, Texas, April 18, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) announced today that it will host a conference call on Thursday, April 25, 2024, at 9 a.m. Eastern Time (8 a.m. Central Time) to discuss first quarter 2024 financial results, which will be released earlier that day, and provide an update on company operations. A presentation with accompanying supplemental financial data will also be available at darlingii.com/investors. To access the call as a listener, please register for th ...
Darling Ingredients Inc. Identifies Collagen Peptide Profiles for Targeted Health Benefits
Prnewswire· 2024-04-11 20:46
IRVING, Texas, April 11, 2024 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) today announced that, through a proprietary process, it has identified a portfolio of collagen peptide profiles that are believed to provide targeted health and wellness benefits. During scientific trials, these active collagen peptide profiles have demonstrated that collagen can be beneficial for a variety of common health and wellness concerns, such as reducing post-meal blood sugar spike, in a natural way, in healthy indiv ...
Darling Ingredients: Tough, But Interesting Times
Seeking Alpha· 2024-03-11 08:25
Scharfsinn86In September, I concluded that a darling has fallen out of favor in the case of Darling Ingredients (NYSE:DAR) as the business has seen very strong operating momentum in recent years, supported by some transformative acquisitions. Despite these achievements, valuations had seen a real setback as this combination made that appeal was on the increase, with shares down to the $50 mark at the time. As Diamond Green Diesel earnings and margins have imploded in the fourth quarter, shares have seen ...
The Green Giants: 3 Stocks Leading the Sustainable Revolution
InvestorPlace· 2024-02-29 17:17
Scoping out a one-year time horizon, 2024 looks great for the renewable energy industry. Already, large-scale federal investments and a heightened call for decarbonization are anticipated to boost the demand for renewables. For example, The Energy Information Administration expects a 17% increase in renewable deployment in 2024, a rise to nearly a quarter of total electricity generation. While a temporary cost hike is sure to happen, investment tax credits as pushed by the Inflation Reduction Act and Infras ...
Darling Ingredients(DAR) - 2023 Q4 - Earnings Call Presentation
2024-02-29 04:42
DVBTINC Earnings Report Safe Harbor Statement Important factors that could cause actual results to differ materially from the Company's expectations include: existing and unknown future limitations on the ability of the Company's direct and indirect subsidiaries to make their cash flow available to the Company for payments on the Company's indebtedness or other purposes; reduced demands or prices for biofuels, biogases or renewable electricity; global demands for grain and oilseed commodities, which have ex ...