Darden Restaurants (DRI) Tops Q3 EPS by 4c, Raises FY Outlook

Darden Restaurants (NYSE: DRI) reported Q3 EPS of $1.32, $0.04 better than the analyst estimate of $1.28. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.87 billion.

• Same-restaurant sales increased 0.9% for the quarter

GUIDANCE:

Darden Restaurants sees FY2017 EPS of $3.95-$4.00, versus the consensus of $3.94.

• same-restaurant sales of approximately 1.5%.

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

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