Darden Restaurants (DRI) Tops Q3 EPS by 15c; Guides Q4 EPS Ahead of Views

Darden Restaurants (NYSE: DRI) reported Q3 EPS of $0.99, $0.15 better than the analyst estimate of $0.84. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.72 billion.

Combined Darden comparable same-restaurant sales for the quarter were +3.6%:

• +2.2% for Olive Garden
• +5.4% for LongHorn Steakhouse
• +5.4% for Yard House
• +6.1% for The Capital Grille
• +5.2% for Seasons 52
• +3.2% for Bahama Breeze
• +9.6% for Eddie V's

Darden Restaurants sees Q4 2015 EPS of $0.91-$0.94, versus the consensus of $0.89.

For earnings history and earnings-related data on Darden Restaurants (DRI) click here.

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