Darden's Uber Partnership Fuels Optimism, Analysts See Market Share Gains And EPS Boost In FY25
Portfolio Pulse from Nabaparna Bhattacharya
Darden Restaurants, Inc. (NYSE:DRI) reported Q1 earnings and sales below expectations. Despite this, analysts are optimistic about Darden's partnership with Uber, which is expected to boost market share and EPS in FY25. Analysts have raised price targets, reflecting confidence in future growth.
September 20, 2024 | 6:47 pm
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Darden Restaurants missed Q1 earnings estimates but analysts are optimistic about its partnership with Uber, expecting market share gains and EPS boost in FY25. Analysts have raised price targets, indicating confidence in future growth.
Despite missing Q1 earnings estimates, analysts are optimistic about Darden's future due to its partnership with Uber. This partnership is expected to drive market share gains and boost EPS in FY25. Analysts have raised their price targets, reflecting confidence in the company's growth prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100