Darden Restaurants (DRI) Reports Q4 Loss Per Share of $1.24

Darden Restaurants (NYSE: DRI) reported Q4 EPS of ($1.24), $0.48 better than the analyst estimate of ($1.72). Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.24 billion.

• blended same-restaurant sales of -47.7%

GUIDANCE:

Darden Restaurants sees Q1 2021 EPS of $0.00, versus the consensus of ($0.35).

• Total sales of approximately 70% of prior year sales
• EBITDA of at least $75 million*
• Diluted net earnings per share from continuing operations greater than or equal to $0.00
• Approximately 131 million weighted average diluted shares outstanding

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

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