Darden Restaurants Q4 EPS $2.58 Beats $2.54 Estimate, Sales $2.769B Miss $2.77B Estimate
Portfolio Pulse from Benzinga Newsdesk
Darden Restaurants reported Q4 earnings of $2.58 per share, beating the analyst consensus estimate of $2.54 by 1.57%. Sales reached $2.80 billion, surpassing the estimate of $2.77 billion by 1.08%. Both earnings and sales increased compared to the same period last year.
June 22, 2023 | 11:01 am
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Darden Restaurants' Q4 earnings and sales beat analyst estimates, with a 15.18% increase in EPS and a 7.57% increase in sales compared to last year.
Darden Restaurants' Q4 earnings and sales exceeded analyst expectations, indicating strong financial performance. This is likely to have a positive short-term impact on the stock price as investors react to the better-than-expected results.
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