Darden Restaurants: Q3 Earnings Insights

 

Darden Restaurants DRI reported its Q3 earnings results on Thursday, March 24, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Darden Restaurants missed estimated earnings by 8.96%, reporting an EPS of $1.93 versus an estimate of $2.12.

Revenue was up $716.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 4.96% drop in the share price the next day.

Here's a look at Darden Restaurants's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1.43 1.65 1.79 0.69
EPS Actual 1.48 1.76 2.03 0.98
Revenue Estimate 2.23B 2.24B 2.19B 1.63B
Revenue Actual 2.27B 2.31B 2.28B 1.73B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews