Darling Ingredients (DAR) reported a fiscal Q1 loss Thursday of $0.16 per share, swinging from earnings of $0.50 a year earlier.

Analysts polled by FactSet expected EPS of $0.24.

Net sales for the quarter ended March 29 were $1.38 billion, down from $1.42 billion a year earlier.

Analysts surveyed by FactSet expected $1.46 billion.

Shares of the company were down 3.5% in recent premarket activity.