Darden Restaurants Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Darden Restaurants, Inc. (NYSE:DRI) is expected to report higher Q4 earnings, with analysts forecasting $2.61 per share and $2.97 billion in revenue. Despite mixed Q3 results, Darden shares rose 3.2% to $153.58. Analysts have recently adjusted their price targets but maintained positive ratings.
June 18, 2024 | 1:19 pm
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Darden Restaurants is expected to report higher Q4 earnings with $2.61 per share and $2.97 billion in revenue. Analysts have adjusted their price targets but maintained positive ratings. Shares rose 3.2% recently.
The expectation of higher Q4 earnings and revenue is a positive indicator for Darden Restaurants. Despite mixed Q3 results, the stock price has increased, and analysts have maintained positive ratings, suggesting confidence in the company's performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100