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Darling reported their 4th quarter and 2017 full year results this afternoon. The conference call will be held tomorrow morning. They reported EPS of $0.10, which missed estimates by $0.04 and revenue of $952.55M (+7.4% Y/Y), which beat estimates by $59.85M.

here is the press release:

https://seekingalpha.com/pr/17086728-darling-ingredients-inc...

"We are pleased to report a strong finish to 2017, with improved fourth quarter results driven by streamlined operations across our global platform," said Randall C. Stuewe, Chairman and Chief Executive Officer of Darling Ingredients Inc. "We leveraged higher global raw material volumes with consistent margins by managing through deflationary finished product markets in the Feed Ingredients segment. Food Ingredients delivered strong operating performance across all product lines while managing through continued macroeconomic headwinds in South American markets. Sequentially, our North American and Canadian biodiesel facilities showed improved operational performance though earnings were negatively impacted due to the absence of the blenders tax credit. We are pleased to see the reinstatement of the blenders tax credit, applied retroactively for 2017. Diamond Green Diesel excelled operationally and delivered $86 million EBITDA (Darling's half being $43 million), or $0.54 per gallon, excluding the blenders tax credit. The Diamond Green Diesel expansion project to increase production from 160 million gallons to 275 million gallons annually is progressing well, with the facility expected to go down in mid-May for final tie-ins before completion in late Q2 2018.

Greg
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