21.03.2024 12:04:31 - dpa-AFX: Darden Restaurants Inc. Q3 Profit Increases, Inline With Estimates

WASHINGTON (dpa-AFX) - Darden Restaurants Inc. (DRI) announced earnings for
its third quarter that increased from last year in line with the Street
estimates.

The company's earnings totaled $312.9 million, or $2.60 per share. This
compares with $286.6 million, or $2.34 per share, in last year's third quarter.

Excluding items, Darden Restaurants Inc. reported adjusted earnings of $315.4
million or $2.62 per share for the period.

Analysts on average had expected the company to earn $2.62 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 6.5% to $2.97 billion from $2.79
billion last year.

Darden Restaurants Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $312.9 Mln. vs. $286.6 Mln. last year.
-EPS (Q3): $2.60 vs. $2.34 last year.
-Revenue (Q3): $2.97 Bln vs. $2.79 Bln last year.

-Guidance:
Full year EPS guidance: $8.80 - $8.90
Full year revenue guidance: $11.4 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DARDEN REST. INC. 895738 Frankfurt 134,200 30.05.24 08:12:23 -1,550 -1,14% 136,300 136,800 134,200 135,750

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