Darling Ingredients Inc. (DAR) Q1 2023 Earnings Call Transcript

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Q1: 2023-05-09 Earnings Summary

EPS of $1.14 beats by $0.12
 | Revenue of $1.79B (31.09% Y/Y) beats by $166.06M

Darling Ingredients Inc. (NYSE:DAR) Q1 2023 Results Conference Call May 10, 2023 9:00 AM ET

Company Participants

Suann Guthrie - IR
Randall Stuewe - Chairman and Chief Executive Officer
Brad Phillips - Chief Financial Officer
John Bullock - Chief Strategy Officer
Sandra Dudley - Executive President of Renewables and U.S. Specialty Operations

Conference Call Participants

Manav Gupta - UBS
Tom Palmer - JPMorgan
Derrick Whitfield - Stifel
Dushyant Ailani - Jefferies
Ryan Todd - Piper Sandler
Andrew Strelzik - BMO Capital Markets
Sam Margolin - Wolfe Research
Paul Cheng - Scotiabank
Matthew Blair - Tudor, Pickering Holt
Ben Kallo - Baird
Tony Bancroft - GAMCO Investors
Ben Bienvenu - Stephens
Jason Gabelman - TD Cowen
William Baldwin - Baldwin Anthony Securities

Operator

Good morning. And welcome to the Darling Ingredients Inc. Conference Call to discuss the company's First Quarter 2023 Results. After the speakers’ prepared remarks, there will be a question-and-answer period, and instructions to ask a question will be given at that time. Today's call is being recorded.

I would now like to turn the call over to Ms. Suann Guthrie. Please go ahead.

Suann Guthrie

Thank you. Thank you for joining the Darling Ingredients first quarter 2023 earnings call. Here with me today are Mr. Randall C. Stuewe, Chairman and Chief Executive Officer; Mr. Brad Phillips, Chief Financial Officer; Mr. John Bullock, Chief Strategy Officer; and Ms. Sandra Dudley, Executive President of Renewables and U.S. Specialty Operations.

Our first quarter 2023 earnings news release and slide presentation are available on the Investor Relations page under Events and Presentations tab on our corporate website, and will be joined by a transcript of this call once it is available.

During this call, we will be making forward-looking statements which are predictions, projections and other statements about future events. These statements are based on

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