NEW YORK (TheStreet) -- Darling Ingredients (DAR) - Get Report stock is up by 25.16% to $11.44 in mid-morning trading on Wednesday, after the company reported better-than-expected 2015 fourth quarter earnings.
After the market close on Tuesday, the company reported earnings of 54 cents per share, while analysts were expecting earnings of 25 cents per share.
However, revenue of $809.7 million missed analysts' forecasts for $843.61 million.
"Our team delivered solid execution led by international businesses with growth and cost saving efficiencies achieved around the globe," CEO Randall Stuewe said in a statement. "While challenging conditions persisted through the fourth quarter, we delivered respectable quarterly results and exit 2015 a stronger company, highlighted by lower debt, strong cash flows and strategic investments in new plants and operating efficiencies."
Based in Irving, TX, Darling is a developer of sustainable natural ingredients from edible and inedible bio-nutrients.
Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rates this stock as a "hold" with a ratings score of C. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and poor profit margins.
You can view the full analysis from the report here: DAR