Darden Restaurants (NYSE: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.
