Darling: Q2 Earnings Snapshot

August 9, 2022 GMT

IRVING, Texas (AP) _ Darling Ingredients Inc. (DAR) on Tuesday reported second-quarter profit of $202 million.

On a per-share basis, the Irving, Texas-based company said it had net income of $1.23.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.

The producer of natural ingredients from edible and inedible bionutrients posted revenue of $1.65 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.52 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAR at https://www.zacks.com/ap/DAR