earnings
confidence high
sentiment positive
materiality 0.65
Darling Ingredients reports DGD Q4 operating income ~$170M; core business strongest quarter of 2024
DARLING INGREDIENTS INC.
2024-FY EPS reported
$1.73
revenue$5,715,175,000
- DGD Q4 operating income ~$170M (JV partner); stand-alone DGD incurred $118M LCM charge.
- DGD sold/shipped 292.8M gallons in Q4, 1.25B gallons in FY2024.
- DGD EBITDA per gallon Q4 $0.40 ($0.81 excl. LCM); FY2024 $0.46 ($0.60 excl. LCM).
- CEO cites strong core business momentum as fat prices trend upward; SAF on spec with 45Z credit clarity.
- Full Q4/FY2024 results and 2025 outlook to be released Feb 6, 2025 conference call.