February 20, 2026
Darling delivered a constructive Q4 with both the legacy business and DGD exceeding expectations. Further, the Q1 guide ($240-$250M for the core) was better than we had anticipated. The Q4 showing and Q1 guide in…
February 20, 2026
PPC delivered a materially stronger -than-expected Q4 on U.S. and Europe outperformance. The former was related to much higher-than-expected production and better pricing, while the robust European showing reflected extremely strong volumes (we estimate a…
February 14, 2026
ADM guided FY26 EPS to $3.60–$4.25, materially lower than our $4.00-$5.00 expectation. Regarding segments, management provided some directional color, but no specific targets. Relative to us, the lighter-than-expected full-year view largely reflected more muted Nutrition…
February 14, 2026
Bunge Q4 results were essentially in-line with expectations, but the F’26 guide ($7.50–$8.00) was lighter than we had anticipated. The shortfall was driven by a more subdued outlook for Australia and higher-than-expected guidance for interest…
February 14, 2026
INGR’s Q4 results and 2026 guidance reflect a broadly challenged consumer and cost environment, offset somewhat by solid T&HS demand and improved FX. LATAM EBIT surprised to the upside, but US/CAN was pressured by both…
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Heather L. Jones founded Heather Jones Research, LLC in May 2019. She has worked in equity research for over 20 years including stints on both the buy- and sell-side. She has worked at Bear Stearns, BB&T and most recently, Candlestick Capital, LLC. In StarMine’s 2013 Analyst Awards for Excellence, she was ranked #1 stock picker in the Food Products category. She was also named top stock picker for 2012 in the Food and Tobacco industry in The Wall Street Journal’s annual “Best on the Street” analyst survey. In 2007, Jones placed third in her industry. She was also ranked #1 in the food industry by Forbes.com in its 2009 “Blue Chip Analyst” awards survey.
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