Darden Restaurants Inc. (DRI) announced a profit for its second quarter that climbed from last year.
The company's bottom line came in at $115.6 million, or $0.92 per share. This compares with $84.7 million, or $0.67 per share, in last year's second quarter.
Excluding items, Darden Restaurants Inc. reported adjusted earnings of $115.9 million or $0.92 per share for the period.
Analysts had expected the company to earn $0.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.8% to $1.97 billion from $1.88 billion last year.
Darden Restaurants Inc. earnings at a glance:
-Earnings (Q2): $115.9 Mln. vs. $91.4 Mln. last year.
-EPS (Q2): $0.92 vs. $0.73 last year.
-Analysts Estimate: $0.91
-Revenue (Q2): $1.97 Bln vs. $1.88 Bln last year.
-Guidance:
Full year EPS guidance: $5.60 - $5.70
For comments and feedback contact: editorial@rttnews.com
Business News