IRVING, Texas (AP) — IRVING, Texas (AP) — Darling Ingredients Inc. (DAR) on Tuesday reported second-quarter net income of $252.4 million.
On a per-share basis, the Irving, Texas-based company said it had net income of $1.55.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.57 per share.
The producer of natural ingredients from edible and inedible bionutrients posted revenue of $1.76 billion in the period, also missing Street forecasts. Four analysts surveyed by Zacks expected $1.85 billion.
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