Darling Ingredients Inc. (DAR) shares surged 5.08% during intraday trading on Thursday, as investors reacted to the company's stellar second-quarter 2026 financial results.
The company reported adjusted earnings per share of $2.41, obliterating the consensus analyst estimate of $1.38. Revenue climbed 16.4% year-over-year to $1.72 billion, edging past the $1.71 billion forecast. Net income skyrocketed to $387.3 million from just $12.7 million a year earlier, powered by a strong contribution from the Diamond Green Diesel joint venture and improved base business performance.
The magnitude of the earnings beat, coupled with progress on debt reduction, fueled a sharp rally that extended the stock's premarket gains and underscored robust investor confidence in the company's trajectory.
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