Darling Ingredients Inc. (DAR) Scheduled to Post Earnings on Tuesday

Darling Ingredients Inc. (NYSE:DAR) is scheduled to be releasing its earnings data after the market closes on Tuesday, November 7th. Analysts expect Darling Ingredients to post earnings of $0.08 per share for the quarter.

Darling Ingredients (NYSE:DAR) last released its quarterly earnings results on Wednesday, August 9th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.05). The firm had revenue of $896.30 million for the quarter, compared to analyst estimates of $890.91 million. Darling Ingredients had a return on equity of 3.99% and a net margin of 2.39%. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period last year, the firm earned $0.19 EPS. On average, analysts expect Darling Ingredients to post $0.27 EPS for the current fiscal year and $0.71 EPS for the next fiscal year.

Shares of Darling Ingredients Inc. (NYSE DAR) opened at 17.79 on Tuesday. The company’s 50-day moving average price is $17.51 and its 200-day moving average price is $16.46. Darling Ingredients Inc. has a 52-week low of $11.51 and a 52-week high of $18.65. The stock has a market cap of $2.93 billion, a PE ratio of 34.95 and a beta of 1.57.

DAR has been the subject of several analyst reports. J P Morgan Chase & Co downgraded Darling Ingredients from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $19.00 to $18.00 in a report on Friday, October 6th. Zacks Investment Research downgraded Darling Ingredients from a “buy” rating to a “sell” rating in a report on Monday, October 16th. Roth Capital set a $20.00 target price on Darling Ingredients and gave the company a “buy” rating in a report on Tuesday, October 24th. BidaskClub raised Darling Ingredients from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 6th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $18.00 target price on shares of Darling Ingredients in a report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $19.00.

COPYRIGHT VIOLATION WARNING: “Darling Ingredients Inc. (DAR) Scheduled to Post Earnings on Tuesday” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://www.com-unik.info/2017/10/31/darling-ingredients-inc-dar-scheduled-to-post-earnings-on-tuesday.html.

About Darling Ingredients

Darling Ingredients Inc (Darling) is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients, creating a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy and fertilizer industries.

Earnings History for Darling Ingredients (NYSE:DAR)

What are top analysts saying about Darling Ingredients Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Darling Ingredients Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit