Darling Ingredients (DAR) Reports Q4 Revenues Above Estimates
Notes: EPS may not be comparable
Darling Ingredients (NYSE: DAR) reported Q4 EPS of $0.63, versus $0.14 reported last year. Revenue for the quarter came in at $952.5 million versus the consensus estimate of $892.7 million.
Fourth Quarter 2017 Overview
- Net income of $105.7 million, or $0.63 per GAAP diluted share
- Revenue of $952.5 million, up 7.5%
- Adjusted EBITDA of $115.8 million
- Strong global raw material volumes up 3.0%
- Deflationary finished product pricing in Feed segment, Consistent performance in Food segment
- Fuel segment reflects improved Q4 biofuel economics without blenders tax credit (BTC)
- Continued deleverage of $43 million
For earnings history and earnings-related data on Darling Ingredients (DAR) click here.
