IRVING, Texas (AP) — IRVING, Texas (AP) — Darling Ingredients Inc. (DAR) on Thursday reported first-quarter earnings of $81.2 million.
The Irving, Texas-based company said it had net income of 50 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.
The producer of natural ingredients from edible and inedible bionutrients posted revenue of $1.42 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.41 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