A Preview Of Darden Restaurants's Earnings
Portfolio Pulse from Benzinga Insights
Darden Restaurants (NYSE:DRI) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $2.64. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. Despite past earnings beats, DRI's stock price has shown mixed reactions, with a 0.0% change after last quarter's beat. Shares are currently trading at $174.09, up 15.94% over the last 52 weeks, indicating a generally positive sentiment among long-term shareholders.
March 20, 2024 | 2:01 pm
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Darden Restaurants is expected to report an EPS of $2.64 for the upcoming quarter. Historical performance shows mixed stock price reactions to earnings announcements. Shares have gained 15.94% over the past year, indicating positive investor sentiment.
Given the positive long-term stock performance and anticipation of an earnings beat, DRI's stock is likely to see a short-term positive impact. Historical data shows that while immediate reactions to earnings reports can be mixed, overall investor sentiment is bullish.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100