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Rashmi Kumari

DARK SECRETS: Earnings preview what to expect from darden restaurants report - The Real Truth

Darden Darden Restaurants DRI

Based in Orlando, Florida, Darden Restaurants, Inc. (DRI) is a prominent player in the restaurant industry, operating a variety of well-known dining brands. With a market cap of $17.52 billion, Darden is recognized for its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and several other popular dining establishments. The company is scheduled to announce its fiscal Q1 earnings results after the market closes on Thursday, Sep. 19.

Ahead of the event, analysts expect DRI to report a profit of $1.84 per share, up 3.4% from $1.78 per share in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion.

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