Darden Restaurants (NYSE:DRI) is scheduled to release its earnings data before the market opens on Thursday, September 24th. Analysts expect Darden Restaurants to post earnings of $0.03 per share for the quarter. Darden Restaurants has set its Q1 2021
Pre-Market guidance at 0.00 EPS.Parties interested in registering for the company’s conference call can do so using this link.
Darden Restaurants (NYSE:DRI) last posted its earnings results on Thursday, June 25th. The restaurant operator reported ($1.24) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.64) by $0.40. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. Darden Restaurants had a negative net margin of 0.67% and a positive return on equity of 16.68%. The company’s revenue for the quarter was down 43.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 earnings per share. On average, analysts expect Darden Restaurants to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.
DRI stock opened at $87.78 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 0.61 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $11.40 billion, a price-to-earnings ratio of -219.45, a P/E/G ratio of 2.13 and a beta of 1.34. Darden Restaurants has a 12 month low of $26.15 and a 12 month high of $124.01. The firm has a 50 day moving average of $85.31 and a two-hundred day moving average of $74.33.
About Darden Restaurants
Darden Restaurants, Inc, through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 27, 2018, it owned and operated approximately 1,746 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Bahama Breeze, Seasons 52, and Eddie V's brands.
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