Darden Restaurants Inc. undefined shares rose 1.7% in premarket trades Friday after the company beat analyst estimates for second-quarter earnings and...
Darden Restaurants Inc. shares rose 1.7% in premarket trades Friday after the company beat analyst estimates for second-quarter earnings and revenue. Darden said its fiscal second-quarter profit fell to $187.2 million, or $1.52 a share, from $193.2 million, or $1.48 a share in the year-ago quarter. Revenue at the company, which owns Olive Garden and LongHorn Steakhouse restaurants, rose to $2.49 billion from $2.27 billion. Wall Street analysts expected Darden to earn $1.
7% in premarket trades Friday after the company beat analyst estimates for second-quarter earnings and revenue. Darden said its fiscal second-quarter profit fell to $187.2 million, or $1.52 a share, from $193.2 million, or $1.48 a share in the year-ago quarter. Revenue at the company, which owns Olive Garden and LongHorn Steakhouse restaurants, rose to $2.49 billion from $2.27 billion. Wall Street analysts expected Darden to earn $1.44 a share on revenue of $2.
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