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Darden Restaurants (DRI) Q1 Earnings Surpass Estimates
Darden Restaurants (DRI) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1,020%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post a loss of $1.66 per share when it actually produced a loss of $1.24, delivering a surprise of 25.30%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Darden Restaurants, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.53 billion for the quarter ended August 2020, missing the Zacks Consensus Estimate by 0.37%. This compares to year-ago revenues of $2.13 billion.
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https://finance.yahoo.com/news/darden-re...01383.html
![[Bild: DRIc1dl1405.png]](https://finviz.com/publish/092420/DRIc1dl1405.png)
Darden Restaurants (DRI) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 1,020%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post a loss of $1.66 per share when it actually produced a loss of $1.24, delivering a surprise of 25.30%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Darden Restaurants, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.53 billion for the quarter ended August 2020, missing the Zacks Consensus Estimate by 0.37%. This compares to year-ago revenues of $2.13 billion.
...
https://finance.yahoo.com/news/darden-re...01383.html
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