Investors tracking Darling Ingredients Inc. (NYSE:DAR) have fresh news to consider, as Scotiabank recently issued a significant update to its financial outlook for the company.
Scotiabank’s Upward Revision for DAR FY2026 Earnings
In a report published on Thursday, February 19th, Scotiabank significantly raised its earnings per share (EPS) estimates for Darling Ingredients for the fiscal year 2026.
Scotiabank analyst P. Cheng now anticipates that Darling Ingredients will achieve an impressive $3.30 per share for the year. This marks a substantial increase from their previous forecast, which stood at $2.30 per share.
While the provided details are concise, this upward revision from a major financial institution like Scotiabank typically signals increased confidence in the company’s future performance and growth prospects. Such a boost in earnings estimates could indicate positive developments within Darling Ingredients’ operations, market conditions, or industry outlook that have been factored into the analyst’s updated projections.
This news will likely be a point of interest for current and prospective investors as they evaluate Darling Ingredients’ potential moving forward.
Source: Original Article
