Darden Restaurants (DRI) Tops Q1 EPS by 6c; Boosts FY17 EPS Outlook; $500M Stock Buyback Approved

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Go back to Darden Restaurants (DRI) Tops Q1 EPS by 6c; Boosts FY17 EPS Outlook; $500M Stock Buyback Approved

Oppenheimer Reiterates Outperform on Darden Restaurants (DRI) Following 1Q Report

October 5, 2016 9:51 AM EDT

Oppenheimer reiterated an Outperform rating and $70.00 price target on Darden Restaurants (NYSE: DRI) following the company's 1Q earnings report. DRI reported EPS of $0.88, ahead of the Street's $0.82 estimate. Management raised F17E EPS guidance to $3.87-$3.97 (was $3.80-$3.90), vs. Street's $3.87.

Analyst Brian Bittner... More

RBC Capital Reiterates Sector Perform on Darden Restaurants (DRI) Following 1Q Report

October 5, 2016 6:57 AM EDT

RBC Capital reiterated a Sector Perform rating and $70.00 price target on Darden Restaurants (NYSE: DRI) following the company's 1Q earnings report. DRI reported asset disposal gains and sooner than expected share repurchases, which totaled $196 million during the quarter. RBC adjusted FY17 EPS estimates to... More