Darling Ingredients (DAR) Misses Q4 EPS by 40c, Revenue Beats
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Darling Ingredients Inc. Reports Fourth Quarter and Fiscal Year 2022 Results
February 27, 2023 4:36 PM ESTFiscal Year 2022 Highlights
Generated net income of $737.7 million, or $4.49 per GAAP diluted shareDelivered record combined adjusted EBITDA of $1.541 billionStarted up third renewable diesel plant, making Diamond Green Diesel North America's largest renewable diesel producer at 1.2 billion gallons a yearGrew global footprint with three strategic acquisitions, strengthening company's vertical integration for renewable diesel productionRecord Food Segment results driven by growth of hydrolyzed collagen businessRepurchased $125.5 million of common stockIRVING, Texas, Feb. 27, 2023 /PRNewswire/ --... More

