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Compared to Estimates, Darling (DAR) Q2 Earnings: A Look at Key Metrics
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Darling Ingredients (DAR - Free Report) reported $1.46 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 17.2%. EPS of $0.49 for the same period compares to $1.55 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.46 billion, representing a surprise of -0.24%. The company delivered an EPS surprise of +25.64%, with the consensus EPS estimate being $0.39.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Darling performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Feed Ingredients: $934.15 million versus the four-analyst average estimate of $903.67 million. The reported number represents a year-over-year change of -18.2%.
Net Sales- Fuel Ingredients: $142.30 million versus the four-analyst average estimate of $135.55 million. The reported number represents a year-over-year change of +1.7%.
Net Sales- Food Ingredients: $378.84 million versus $434.99 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -20.4% change.
Segment EBITDA- Food Ingredients: $73.20 million versus $80.45 million estimated by four analysts on average.
Segment EBITDA- Feed Ingredients: $122.06 million versus the four-analyst average estimate of $124.54 million.
Segment EBITDA- Fuel Ingredients: $20.13 million versus $23.50 million estimated by three analysts on average.
Segment EBITDA- Corporate: -$18.46 million versus -$21.37 million estimated by three analysts on average.
Shares of Darling have returned +3.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Darling (DAR) Q2 Earnings: A Look at Key Metrics
Darling Ingredients (DAR - Free Report) reported $1.46 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 17.2%. EPS of $0.49 for the same period compares to $1.55 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $1.46 billion, representing a surprise of -0.24%. The company delivered an EPS surprise of +25.64%, with the consensus EPS estimate being $0.39.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Darling performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Sales- Feed Ingredients: $934.15 million versus the four-analyst average estimate of $903.67 million. The reported number represents a year-over-year change of -18.2%.
- Net Sales- Fuel Ingredients: $142.30 million versus the four-analyst average estimate of $135.55 million. The reported number represents a year-over-year change of +1.7%.
- Net Sales- Food Ingredients: $378.84 million versus $434.99 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -20.4% change.
- Segment EBITDA- Food Ingredients: $73.20 million versus $80.45 million estimated by four analysts on average.
- Segment EBITDA- Feed Ingredients: $122.06 million versus the four-analyst average estimate of $124.54 million.
- Segment EBITDA- Fuel Ingredients: $20.13 million versus $23.50 million estimated by three analysts on average.
- Segment EBITDA- Corporate: -$18.46 million versus -$21.37 million estimated by three analysts on average.
View all Key Company Metrics for Darling here>>>Shares of Darling have returned +3.1% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.