Darling Ingredients Full Year 2024 Earnings: EPS Beats Expectations

Darling Ingredients (NYSE:DAR) Full Year 2024 Results

Key Financial Results

• Revenue: US$5.72b (down 16% from FY 2023).
• Net income: US$278.9m (down 57% from FY 2023).
• Profit margin: 4.9% (down from 9.5% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: US$1.75 (down from US$4.05 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Darling Ingredients EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 13%.

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are down 4.2% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 2 warning signs for Darling Ingredients you should be aware of, and 1 of them is potentially serious.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.