Darden Restaurants (DRI) Misses Q4 EPS Views; Boosts Dividend; Guides FY14
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Darden Restaurants (DRI) PT Raised at Jefferies Post Q4
June 24, 2013 1:44 PM EDTJefferies reiterated its Hold rating on Darden Restaurants (NYSE: DRI) Monday but raised its price target from $43 to $50 following Q4 results Friday. Estimates were also adjusted and fall below the consensus.
Analyst Andy Barish comments, "F4Q SSS of +2.2% beat the Street's 0% as... More
Goldman Sachs Lowers PT on Darden Restaurants (DRI), Sees Lack of Momentum
June 21, 2013 12:54 PM EDTGoldman Sachs maintained a Neutral rating on Darden Restaurants (NYSE: DRI) and lowered its price target to $49 (from $52). On Friday morning Darden Restaurants reported Q4 results that missed estimates. This prompted analysts to lower EPS estimates for FY2014-2016 to $2.99/$3.09/$3.19 from $3.09/$3.26/$3.40.
"Traffic growth... More
Darden Restaurants, Inc. (DRI) Raises Quarterly Dividend 10% to $0.55; 4.3% Yield
June 21, 2013 7:01 AM EDTDarden Restaurants, Inc. (NYSE: DRI) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. This is a 10% increase from the prior dividend of $0.50.
The dividend will be payable on August 1, 2013, to stockholders of record on July 10, 2013, with an ex-dividend date of July 8, 2013.... More
