Darden Restaurants Earnings, Revenue miss In Q3

  • Investing.com
Darden Restaurants Earnings, Revenue miss In Q3

Investing.com - Darden Restaurants (NYSE: DRI ) reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.

Darden Restaurants announced earnings per share of $1.93 on revenue of $2.45B. Analysts polled by Investing.com anticipated EPS of $2.13 on revenue of $2.54B.

Darden Restaurants shares are down 13% from the beginning of the year and are trading at $130.94 , down-from-52-week-high.They are under-performing the S&P 500 which is down 6.5% from the start of the year.

Darden Restaurants follows other major Consumer Discretionary sector earnings this month

Darden Restaurants's report follows an earnings beat by Alibaba ADR on Thursday, February 24, 2022, who reported EPS of $16.87 on revenue of $242.58B, compared to forecasts EPS of $15.93 on revenue of $246.3B.

Nike had beat expectations on Monday with third quarter EPS of $0.87 on revenue of $10.87B, compared to forecast for EPS of $0.7158 on revenue of $10.63B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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