Darling Ingredients's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Darling Ingredients (NYSE:DAR) is set to announce its quarterly earnings on October 24, 2024. Analysts estimate an EPS of $0.61. The company's past performance shows mixed results, with a recent EPS beat leading to a share price drop. Analysts have a consensus 'Buy' rating with a price target of $45.5, indicating an 18% upside. The company's financials show a decline in revenue growth but strong net margins and ROE.
October 23, 2024 | 8:02 pm
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Darling Ingredients is expected to announce its earnings with an estimated EPS of $0.61. The company's past performance shows mixed results, with a recent EPS beat leading to a share price drop. Analysts have a consensus 'Buy' rating with a price target of $45.5, indicating an 18% upside. Investors should watch for guidance as it may impact stock price more than the earnings result.
The upcoming earnings announcement is crucial for Darling Ingredients, with analysts expecting an EPS of $0.61. The company's past performance shows that even an EPS beat can lead to a share price drop, highlighting the importance of guidance. The consensus 'Buy' rating and price target suggest potential upside, but the market will closely watch the guidance for future growth.
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