Darden Restaurants Reports Fiscal 2017 Fourth Quarter And Full Year Results; Fourth Quarter Same-Restaurant Sales Growth Of 3.3%; And Increases Quarterly Dividend 12.5%

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Darden Restaurants (DRI) PT Raised to $85 at BofA/Merrill Lynch Following 4Q

June 28, 2017 9:15 AM EDT

BofA/Merrill Lynch raised its price target on Darden Restaurants (NYSE: DRI) to $85.00 (from $80.00) while maintaining a Underperform rating. Darden reported 4Q EPS of $1.18, beating the $1.15 consensus. A better-than-expected tax rate helped by $0.02, offset by a $0.06 drag from higher SG&A.

Darden issued 2018... More

Darden Restaurants (DRI) PT Raised to $94 at Baird Following 4Q

June 28, 2017 8:43 AM EDT

Baird raised its price target on Darden Restaurants (NYSE: DRI) to $94.00 (from $90.00) while maintaining a Neutral rating. DRI delivered solid FQ4-17 results, and the midpoint of F2018 EPS guidance is slightly above prior estimates.

DRI reported EPS of $1.18, ahead of consensus of $1.15, and implied... More

Darden Restaurants (DRI) PT Raised to $93 at JPMorgan Following 4Q

June 28, 2017 8:07 AM EDT

JPMorgan raised its price target on Darden Restaurants (NYSE: DRI) to $93.00 (from $82.00) while maintaining a Neutral rating following the company's 4Q. DRI reported 4Q adjusted EPS of $1.18 vs $1.13 estimates. The big beat in the quarter was the 4.4% comp at Olive Garden vs 2.5% estimates and 3.5%... More

Darden Restaurants (DRI) PT Raised to $94 at Deutsche Bank Following 4Q

June 28, 2017 7:41 AM EDT

Deutsche Bank raised its price target on Darden Restaurants (NYSE: DRI) to $94.00 (from $84.00) while maintaining a Hold rating following the company's 4Q. DRI reported adjusted EPS of $1.18, ahead of the consensus estimate of $1.15.

Along with a solid operating performance and the closing... More

Darden Restaurants (DRI) PT Raised to $90 at Jefferies Following 4Q

June 28, 2017 7:10 AM EDT

Jefferies raised its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $80.00) while maintaining a Hold rating following the company's 4Q report. DRI reported adjusted EPS of $1.18, compared with the consensus estimate of $1.15, led by continued solid execution and market share... More

Darden Restaurants (DRI) Tops Q4 EPS by 3c, Offers FY18 Guidance

June 27, 2017 7:02 AM EDT

Darden Restaurants (NYSE: DRI) reported Q4 EPS of $1.18, $0.03 better than the analyst estimate of $1.15. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.86 billion.

... More