NEW YORK (TheStreet) -- Darling Ingredients (DAR - Get Report) stock is declining 3.89% to $9.15 in after-hours trading on Thursday after the company reported a surprise loss for the fiscal 2015 third quarter. Revenue exceeded estimates.
The company reported a loss of 2 cents per share for the quarter ended October 3, while analysts surveyed by Thomson Reuters had estimated earnings of 4 cents per share.
Darling Ingredients attributed the loss to a negative impact from foreign exchange rates and from taxes related to the acquisition and integration of VION Ingredients and Rothsay.
Revenue totaled $853.76 million for the quarter, beating estimates of $841.2 million.
"Despite a difficult pricing environment, we continued to execute in the third quarter on our long term strategy of building our global platform to create sustainable feed, food and fuel ingredients for a growing world population," CEO Randall Stuewe said in a statement.
Separately, TheStreet Ratings team rates DARLING INGREDIENTS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
We rate DARLING INGREDIENTS INC (DAR) a HOLD. 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, good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and unimpressive growth in net income.
You can view the full analysis from the report here: DARDAR data by YCharts