Darling Ingredients Q3 EPS $0.77 Vs $1.17 Last Year, Sales $1.63B Miss $1.77B Estimate
Portfolio Pulse from Benzinga Newsdesk
Darling Ingredients (NYSE:DAR) reported Q3 earnings of $0.77 per share, a 34.19% decrease from the same period last year. The company's quarterly sales were $1.63 billion, missing the analyst consensus estimate of $1.77 billion by 8.04%.
November 07, 2023 | 9:20 pm
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Darling Ingredients reported a significant decrease in Q3 earnings and missed sales estimates, which could negatively impact its stock price.
Darling Ingredients reported a decrease in earnings and missed sales estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100