Darden Restaurants Prepares for Quarterly Earnings Release
Darden Restaurants, Inc. (NYSE:DRI), known for its popular chains like Olive Garden, is set to announce its quarterly earnings on June 20, 2025. Analysts project earnings per share (EPS) of $2.93, along with projected revenues of about $3.25 billion.
- The anticipated EPS reflects a 10.6% increase from the previous year, with revenues expected to increase by 10.3%.
- Despite growth, analysts have revised the consensus EPS estimate downward by 0.3% recently, hinting at potential investor actions.
- Jefferies analysts have increased Darden’s price target to $210, highlighting confidence in Olive Gardenโs strategies to attract customers.
Darden Restaurants operates in the casual dining sector and is preparing to unveil its earnings. The anticipated earnings per share (EPS) stands at $2.93, projecting revenues near $3.25 billion.
Despite forecasted growth, the downward revision in EPS may signal caution among investors correlating with short-term price movements.
Recent confidence from Jefferies led to an increase in Darden’s price target from $165 to $210, fueled partly by Olive Gardenโs successful customer-promotions, such as the “Buy One Take One” offer, which contributed significantly to foot traffic.
Darden’s metrics offer additional insights into its market position with a price-to-earnings (P/E) ratio around 25, indicating market valuation on earnings. The price-to-sales metric stands at approximately 2.24, illustrating how the market regards overall value over sales.
The upcoming earnings release will draw significant attention as investors track Darden’s metrics and performance against expectations.