Darling International Inc. (DAR) reported a first-quarter net income of $32.4 million or $0.27 per share, compared to $28.6 million or $0.24 per share in the prior year quarter. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales for the quarter dropped to $445.42 million from $387.11 million in the comparable quarter last year, while seven analysts had a consensus revenue estimate of $414.91 million for the quarter.
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