Recent analysis indicates troubling signs for stocks in the consumer staples sector, suggesting a potential downturn. This momentum shift could signal caution for investors interested in these companies, including Darling Ingredients (DAR).
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.
- DAR reported revenue of $1.42 billion, down 20.7% YoY, EPS at $0.50. - Revenue surprise of +0.45% and EPS surprise of +25.00%. - Net sales for Feed, Fuel, and Food Ingredients declined YoY. - Segment EBITDA missed analyst estimates in Food, Fuel, Feed Ingredients. - DAR shares returned -6.9% in the past month, Zacks Rank #3. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings
- DAR quarterly earnings of $0.50/share beat estimates, but lower than last year. - DAR posted revenues of $1.42 billion, surpassing estimates by 0.45%. - DAR shares have declined 13.5% YTD, underperforming the market. - Management's commentary and earnings outlook will influence DAR stock movement. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings