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Darden Restaurants Inc. (DRI) reported earnings for its first quarter that increased from the same period last year.


RTTNews | Sep 23, 2021 07:06AM EDT

07:05 Thursday, September 23, 2021 (RTTNews.com) - Darden Restaurants Inc. (DRI) reported earnings for its first quarter that increased from the same period last year.

The company's bottom line came in at $230.9 million, or $1.75 per share. This compares with $36.1 million, or $0.28 per share, in last year's first quarter.

Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 51.0% to $2.31 billion from $1.53 billion last year.

Darden Restaurants Inc. earnings at a glance:

-Analysts Estimate: $1.65-Revenue (Q1): $2.31 Bln vs. $1.53 Bln last year.

-Guidance:Full year EPS guidance: $7.25 to $7.60Full year revenue guidance: $9.4 to $9.6 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3227757/darden-restaurants-inc-q1-adjusted-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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