Darden Restaurants Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Darden Restaurants, Inc. (NYSE:DRI) is set to release its fiscal 2025 Q1 earnings on September 19, with expected earnings of $1.84 per share and revenue of $2.8 billion. Analysts have recently adjusted their ratings and price targets for DRI, with a mix of Hold, Buy, and Outperform ratings. Darden's recent acquisition of Chuy's Holdings is also noted.
September 16, 2024 | 12:14 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Chuy's Holdings has been acquired by Darden Restaurants, which could lead to changes in its business operations and financial performance. The acquisition may provide growth opportunities under Darden's management.
The acquisition by Darden Restaurants could positively impact Chuy's Holdings by providing new growth opportunities and resources. This strategic move may enhance Chuy's market position and financial performance in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Darden Restaurants is expected to report Q1 earnings of $1.84 per share and $2.8 billion in revenue. Analysts have mixed ratings, with price targets ranging from $150 to $191. The recent acquisition of Chuy's Holdings may impact future performance.
The upcoming earnings report and recent acquisition of Chuy's Holdings are significant events for Darden Restaurants. Analysts' ratings and price targets suggest a positive outlook, with some caution. The acquisition could enhance growth prospects, contributing to a likely positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100