NEW YORK (TheStreet) -- Darling Ingredients(DAR) - Get Report  posted higher-than-expected fiscal 2016 second quarter results after today's closing bell. 

Darling Ingredients reported earnings of 19 cents per share, beating analysts' projections by a penny. Revenue came in at $877.3 million, surpassing Wall Street's expected $875.85 million.

Last year, the Irving, TX-based sustainable natural ingredients producer posted earnings of 6 cents per share with $859.32 million in revenue. 

"Our Feed Ingredients segment led the way this quarter, capturing margin as prices improved for global fats and proteins from the first quarter," Darling Ingredients CEO Randall C. Stuewe said in a statement. "In the Food segment, we delivered a consistent performance, although softness impacted China." 

Stuewe added that the company's fuel segment experienced solid results due to a boost from the Canadian biofuel market. Its feed ingredients segment improved as global protein and fat prices sharply rallied in the second quarter, the company said.

For 2016, Wall Street is looking for earnings of 61 cents per share and $3.44 billion in revenue. 

Shares of Darling Ingredients were up in after-hours trading on Thursday.

Separately, 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 has this to say about the recommendation:

We rate DARLING INGREDIENTS INC 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 solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins.

You can view the full analysis from the report here: DAR

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