Darden Restaurants DRI releases its next round of earnings Thursday. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.
Earnings and Revenue
Analysts expect Darden Restaurants earnings of $1.35 per share. Revenue will likely be around $2.13 billion, according to the consensus estimate.
In the same quarter last year, Darden Restaurants posted EPS of $1.18 on sales of $1.93 billion. If the company were to match the consensus estimate, earnings would be up 14.41 percent. Revenue would be up 10.08 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 1.63 | 0.7 | 0.99 | 1.15 |
| EPS Actual | 1.71 | 0.73 | 0.99 | 1.18 |
Stock Performance
Over the last 52-week period, shares are up 5.95 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Darden Restaurants stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Darden Restaurants is scheduled to hold a conference call at 8:30 a.m. ET and it can be accessed here: https://www.webcaster4.com/Webcast/Page/1007/26028
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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