Darden Restaurants Inc reports results for the quarter ended May 31 - Earnings Summary

Darden Restaurants

Today 14:31

Darden Restaurants Inc DRI.N reported quarterly adjusted earnings of $3.66​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $2.98.  The mean expectation of twenty seven analysts for the quarter was for earnings of $3.63 per share. Wall Street expected results to range from $3.58  to $3.68 per share.
Revenue rose 13.7% to $3.72 billion from a year ago; analysts expected $3.73 billion. 
Darden Restaurants Inc's reported EPS for the quarter was $3.51​.
The company reported quarterly net income of $404.9 million.
Darden Restaurants Inc shares had risen by 8.9% this quarter and gained 16.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.​ 
In the last 30 days, six analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy" 
Wall Street's median 12-month price target for Darden Restaurants Inc is $230.00, about 7.2% above its last closing price of $213.45
This summary was machine generated from LSEG data June 25 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
May. 31 2026 
3.63
3.66
Beat
Feb. 28 2026 
2.94
2.95
Beat
Nov. 30 2025 
2.10
2.08
Missed
Aug. 31 2025 
2.00
1.97
Missed