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Darling reported $1.46 billion revenue, down 17.2% year-over-year. EPS decreased to $0.49 from $1.55 a year ago. Feed ingredients net sales fell 18.2%, missing estimates. Food ingredients net sales also decreased by 20.4% from last year. Shares returned +3.1% over the past month, outperforming S&P 500.
- Darling reported $1.46 billion revenue, down 17.2% year-over-year.
- EPS decreased to $0.49 from $1.55 a year ago.
- Feed ingredients net sales fell 18.2%, missing estimates.
- Food ingredients net sales also decreased by 20.4% from last year.
- Shares returned +3.1% over the past month, outperforming S&P 500.
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