RTTNews | Mar 25, 2021 07:04AM EDT

07:04 Thursday, March 25, 2021 (RTTNews.com) - Darden Restaurants Inc. (DRI) revealed a profit for third quarter that declined from last year.

The company's earnings came in at $128.7 million, or $0.98 per share. This compares with $232.3 million, or $1.89 per share, in last year's third quarter.

Analysts had expected the company to earn $0.69 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 26.4% to $1.73 billion from $2.35 billion last year.

Darden Restaurants Inc. earnings at a glance:

-Earnings (Q3): $128.7 Mln. vs. $232.3 Mln. last year.-EPS (Q3): $0.98 vs. $1.89 last year.-Analysts Estimate: $0.69-Revenue (Q3): $1.73 Bln vs. $2.35 Bln last year.

-Guidance:Next quarter EPS guidance: $1.60 - $1.70Next quarter revenue guidance: $2.1 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3180219/darden-restaurants-inc-earnings-drop-in-q3.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved