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Barchart
Aditya Sarawgi

Darden Restaurants Earnings Preview: What to Expect

Darden Darden Restaurants DRI LongHorn Steakhouse Olive Garden

Orlando, Florida-based Darden Restaurants, Inc. (DRI) owns and operates full-service restaurants in North America. With a market cap of $21.4 billion, Darden Restaurants operates various brands including Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Seasons 52, Yard House, and more.

The restaurant giant is expected to release its Q2 results by mid-December. Ahead of the event, analysts expect DRI to report an adjusted EPS of $2.10, up 3.5% from $2.03 reported in the year-ago quarter. While the company has surpassed analysts' bottom-line expectations once over the past four quarters, it has missed the projections on three other occasions.

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