DAR with the beat


In light of companies missing earnings…. here's a winner! This has been a great stock for me.

First Quarter 2022

Net income of $188.1 million, or $1.14 per GAAP diluted share

Net Sales of $1.37 billion

Combined adjusted EBITDA of $330.7 million

Global ingredients business EBITDA of $244.1 million

Repurchased $17.2 million of stock

IRVING, Texas, May 10, 2022 /PRNewswire/ — Darling Ingredients Inc. (NYSE: DAR) today reported net income of $188.1 million, or $1.14 per diluted share for first quarter 2022, compared to net income of $151.8 million, or $0.90 per diluted share, for first quarter 2021. The company also reported net sales of $1.37 billion for the first quarter of 2022, as compared with net sales of $1.0 billion for the same period a year ago


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *