Darling Ingredients Inc. (DAR) experienced a significant after-hours plunge of 5.28% following the release of its fourth-quarter financial results.
The company reported quarterly earnings of $0.35 per share, which missed the analyst consensus estimate of $0.38 by 8.38%. This represents a 44.44% decrease compared to earnings of $0.63 per share from the same period last year. While quarterly sales of $1.710 billion beat estimates by 11.35%, the substantial decline in profitability appears to have driven negative investor sentiment.
Further details from the earnings report revealed net income dropped 44% to $56.94 million, with the company incurring restructuring and asset impairment charges of $58.0 million related to strategic portfolio realignment. Looking ahead, the company provided Q1 2026 adjusted EBITDA guidance of $240-250 million for its core ingredients business, while noting that current market pricing would modestly impact performance in the quarter.