Darden Restaurants Reports Fiscal 2019 Third Quarter Results; Increases Financial Outlook For The Full Fiscal Year; And Declares Regular Quarterly Dividend

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Darden Restaurants (DRI) PT Raised to $99 at BMO Capital

March 22, 2019 6:48 AM EDT

BMO Capital analyst Andrew Strelzik raised the price target on Darden Restaurants (NYSE: DRI) to $99.00 (from $97.00) while maintaining a Underperform rating following results.

Slowing Industry Is the Risk Despite Strong DRI Fundamentals

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Darden Restaurants (DRI) PT Raised to $141 at SunTrust

March 21, 2019 11:04 AM EDT

SunTrust analyst Jake Bartlett raised the price target on Darden Restaurants (NYSE: DRI) to $141.00 (from $136.00) while maintaining a Buy rating.

"DRI's strong F3Q19 results (SSS of +2.8% vs. our +2.5% est. and consensus of +2.3% and EPS of $1.80 vs. our $1.77 est. and consensus of... More

Darden Restaurants (DRI) Tops Q3 EPS by 6c, Raises FY EPS Guidance

March 21, 2019 7:04 AM EDT

Darden Restaurants (NYSE: DRI) reported Q3 EPS of $1.80, $0.06 better than the analyst estimate of $1.74. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.24 billion.

Same-restaurant sales by brand:

+4.3% for Olive Garden-2.7% for Cheddar's Scratch Kitchen+3.8% for... More