Previous close | 39.90 |
Open | 39.80 |
Bid | 40.32 x 150000 |
Ask | 40.82 x 150000 |
Day's range | 39.80 - 39.80 |
52-week range | 36.73 - 63.00 |
Volume | |
Avg. volume | 12 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 25 Apr 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
A Detailed Look at Darling Ingredients' Financial Performance and Strategic Adjustments
Darling (DAR) delivered earnings and revenue surprises of 25% and 0.45%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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 Diesel (DGD). The company also reported net sales of $1.4 billion for the first quarter of 2024, compared with net sales of $1.8 billio