IRVING, Texas (AP) — IRVING, Texas (AP) — Darling Ingredients Inc. (DAR) on Thursday reported second-quarter profit of $12.7 million.
On a per-share basis, the Irving, Texas-based company said it had net income of 8 cents. Earnings, adjusted to extinguish debt, were 9 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share.
The producer of natural ingredients from edible and inedible bionutrients posted revenue of $1.48 billion in the period.
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