Darden Restaurants Reports Fiscal 2017 Second Quarter Results And Reaffirms Earnings Outlook For The Full Fiscal Year
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Darden Restaurants (DRI) PT, Estimates Raised at Canaccord Genuity as Share Gains Continue
December 21, 2016 8:42 AM ESTCanaccord Genuity analyst Lynne Collier reiterated a Buy rating and lifted estimates her price target on Darden Restaurants (NYSE: DRI) to $84.00 (from $74.00) following sold Q2 results.
Collier commented, "Following DRI's Q2/17 conference call, we remain confident in DRI's ability to drive continued... More
BTIG Remains Positive On Darden (DRI), Raises PT From $75 To $85
December 21, 2016 5:50 AM ESTBTIG's Peter Saleh remains bullish on Darden Restaurants (NYSE: DRI) citing strength in Oliver Garden momentum. He sees weak industry trends being offset by strong To-Go sales. Although Saleh recognizes "cost-saving efforts being in the latter stages" he maintains his Buy rating on the... More
Darden Restaurants (DRI) Valuation Range Lifted at Wells Fargo
December 20, 2016 3:51 PM ESTWells Fargo analyst Jeff Farmer bumped his valuation range on Darden Restaurants (NYSE: DRI) to $70-$74 from $68-$72 but maintained a Market Perform rating following results this morning. The analyst notes company continues to gain casual dining share, particularly with its core Olive Garden brand, but earnings growth looks to decelerate in F2H17... More
Darden Restaurants (DRI) Reports In-Line Q2 EPS; Reaffirms
December 20, 2016 7:02 AM ESTDarden Restaurants (NYSE: DRI) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.65 billion.
Same-restaurant sales increased 1.7% for the quarter.
Reaffirms Earnings Outlook For The Full Fiscal... More
