IRVING, Texas (AP) _ Darling Ingredients Inc. (DAR) on Tuesday reported first-quarter earnings of $188.1 million.
On a per-share basis, the Irving, Texas-based company said it had net income of $1.14. Earnings, adjusted for costs related to mergers and acquisitions, were $1.16 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The producer of natural ingredients from edible and inedible bionutrients posted revenue of $1.37 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.31 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
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