DRI Reports Q4
Darden Restaurants is set to report its fourth-quarter financial results, with analysts expecting revenue of $3.73 billion and earnings per share of $3.64
Restaurant company Darden Restaurants Inc (NYSE: DRI ) looks to keep momentum going with its fourth-quarter financial results on Thursday before market open. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch. 27 billion in last year’s fourth quarter, according to data Pro. The company has beaten analyst estimates for revenue in two straight quarters, but missed estimates in six of the last 10 quarters.
98 in last year’s fourth quarter. The company has beaten analyst estimates for earnings per share in five of the last 10 quarters, meeting estimates in the most recently reported third quarter. Read Also: These Analysts Increase Their Forecasts On Darden Restaurants Following Upbeat Results What Experts Are Saying Freedom Capital Markets Chief Market Strategist Jay Woods says the restaurant company has a recent history of the stock rallying after earnings, with shares up after seven of the last eight quarterly results. The average gain is 5% for shares after earnings over the last eight results.
While the stock has traded higher after earnings, shares are down over the last 52 weeks. " Woods said in a weekly newsletter. " Woods said investors should watch for same-restaurant sales figures and traffic trends across the company’s brands. The market expert said $220 is the key upside mark and if shares can break it, they could hit upside targets of $250.
" Woods said there’s not a clear risk, reward setup for the stock ahead of earnings. ai shows that Olive Garden may be outperforming the full-service restaurant industry. 3% year-over-year decline for the overall full-service restaurant sector. 5% decline for the sector on a year-over-year basis.
9% year-over-year with strong same-restaurant sales and strength for Olive Garden and the LongHorn Steakhouse brand. ai report. Darden narrowed its full-year guidance after third-quarter results. Investors and analysts will be looking for strong guidance for the next fiscal year and an update on how many net new restaurants the various brands are forecasting for the next year.
56. 7% year-to-date in 2026. Read Also: Darden Stock Gains As It Plans To Close 14 Bahama Breeze Restaurants Photo by Jonathan Weiss via Shutterstock