Darling Ingredients (DAR) PT Lowered to $57 at BMO Capital, 'Risk/Reward Remains Enticing'

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Go back to Darling Ingredients (DAR) PT Lowered to $57 at BMO Capital, 'Risk/Reward Remains Enticing'

Darling Ingredients Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

February 27, 2024 4:42 PM EST

Fiscal Year 2023 Highlights

Net income of $647.7 million, or $3.99 per GAAP diluted shareNet sales of $6.8 billionCombined adjusted EBITDA of $1,611.9 millionGlobal ingredients business EBITDA of $1,109.9 millionReceived $163.6 million in cash dividends from Diamond Green DieselRepurchased $52.9 million of common stock

IRVING, Texas, Feb.... More