Darling: 3Q Earnings Snapshot
IRVING, Texas (AP) _ Darling Ingredients Inc. (DAR) on Tuesday reported a third-quarter loss of $6 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Irving, Texas-based company said it had a loss of 4 cents.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The producer of natural ingredients from edible and inedible bionutrients posted revenue of $812.6 million in the period.
Darling shares have climbed 14 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $20.67, a climb of 17 percent in the last 12 months.