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Jefferies Downgrades Darden Restaurants (DRI) to Hold

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Dividend Should Provide Darden Restaurants (DRI) Some Support - Goldman Sachs

December 4, 2012 11:53 AM EST

Analysts at Goldman Sachs weighed in on today's blow-up du jour Darden Restaurants (NYSE: DRI) after the company negatively pre-announced 2Q13 results and lowered FY13 guidance.

The firm views the warning as a negative catalyst for shares. That said they see... More

Cowen Downgrades Darden Restaurants (DRI) to Neutral

December 4, 2012 10:19 AM EST

Cowen downgraded Darden Restaurants (NYSE: DRI) from Outperform to Neutral following this morning's warning.

For an analyst ratings summary and ratings history on Darden Restaurants click here. For more ratings news on Darden Restaurants click here.

Shares of Darden Restaurants closed at $52.42 yesterday, with a 52 week range of $41.65-$57.93.... More

Darden (DRI) Sees Q2 EPS Well Below Views; Sees Impact from Yard House, Hurricane Sandy

December 4, 2012 8:34 AM EST

Darden Restaurants, Inc. (NYSE: DRI) today reported that it expects diluted net earnings per share from continuing operations of approximately 25 to 26 cents for its fiscal second quarter ended November 25, 2012 (the Street sees EPS of 47 cents). The Company reported that it anticipates the transaction and closing costs associated with the purchase of Yard House, USA Inc. will adversely affect diluted net earnings per share from continuing operations for its fiscal second quarter by... More