Darden Restaurants, Inc. (DRI) EPS Estimated At $0.69

December 8, 2017 - By Richard Conner

 Darden Restaurants, Inc. (DRI) EPS Estimated At $0.69
Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.19, from 1.14 in 2017Q1. It dived, as 46 investors sold Darden Restaurants, Inc. shares while 190 reduced holdings. 78 funds opened positions while 147 raised stakes. 106.87 million shares or 5.23% less from 112.77 million shares in 2017Q1 were reported.
Seaward Management Lp reported 0.01% in Darden Restaurants, Inc. (NYSE:DRI). Lmr Llp invested 0.1% in Darden Restaurants, Inc. (NYSE:DRI). Ngam Advisors Lp, a Massachusetts-based fund reported 13,633 shares. First Citizens Bankshares And invested in 12,765 shares. Pnc Svcs Gru reported 41,823 shares. Whittier Trust Com Of Nevada Inc accumulated 0.01% or 1,000 shares. Bokf Na reported 48,675 shares. Panagora Asset Mgmt, a Massachusetts-based fund reported 727,770 shares. Regions Fincl Corporation has invested 0.04% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Teachers Retirement System Of The State Of Kentucky invested in 0.01% or 12,700 shares. Voya Inv Mngmt accumulated 250,502 shares. Sequoia Llc reported 0.53% of its portfolio in Darden Restaurants, Inc. (NYSE:DRI). Putnam Invs Limited Liability Corp has 0.03% invested in Darden Restaurants, Inc. (NYSE:DRI). First City Management owns 7,500 shares. Sun Life Fincl holds 907 shares.

Analysts expect Darden Restaurants, Inc. (NYSE:DRI) to report $0.69 EPS on December, 19.They anticipate $0.05 EPS change or 7.81 % from last quarter’s $0.64 EPS. DRI’s profit would be $85.34 million giving it 30.90 P/E if the $0.69 EPS is correct. After having $0.99 EPS previously, Darden Restaurants, Inc.’s analysts see -30.30 % EPS growth. The stock decreased 0.29% or $0.25 during the last trading session, reaching $85.28. About 1.60M shares traded. Darden Restaurants, Inc. (NYSE:DRI) has risen 31.96% since December 8, 2016 and is uptrending. It has outperformed by 15.26% the S&P500.

Darden Restaurants, Inc. (NYSE:DRI) Ratings Coverage

Among 26 analysts covering Darden Restaurants (NYSE:DRI), 11 have Buy rating, 0 Sell and 15 Hold. Therefore 42% are positive. Darden Restaurants had 74 analyst reports since August 25, 2015 according to SRatingsIntel. Raymond James downgraded Darden Restaurants, Inc. (NYSE:DRI) on Friday, January 29 to “Underperform” rating. Credit Suisse maintained Darden Restaurants, Inc. (NYSE:DRI) rating on Thursday, March 30. Credit Suisse has “Hold” rating and $74 target. Zacks downgraded the shares of DRI in report on Tuesday, August 25 to “Strong-Buy” rating. The rating was initiated by Bernstein with “Market Perform” on Thursday, May 26. The company was maintained on Thursday, November 12 by Oppenheimer. The firm has “Sector Perform” rating given on Monday, December 21 by RBC Capital Markets. Stifel Nicolaus downgraded Darden Restaurants, Inc. (NYSE:DRI) on Tuesday, July 26 to “Sell” rating. On Wednesday, September 27 the stock rating was maintained by BMO Capital Markets with “Hold”. As per Tuesday, October 17, the company rating was downgraded by Argus Research. Credit Suisse maintained Darden Restaurants, Inc. (NYSE:DRI) on Friday, November 13 with “Outperform” rating.

Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. The company has market cap of $10.55 billion. As of June 27, 2017, it owned and operated approximately 1,700 restaurants under the Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, and Eddie V's brands. It has a 22.08 P/E ratio.

More recent Darden Restaurants, Inc. (NYSE:DRI) news were published by: Seekingalpha.com which released: “Darden Restaurants: Delicious Dividends” on November 21, 2017. Also Nasdaq.com published the news titled: “Zacks Industry Outlook Highlights: Darden Restaurants, Yum! Brands, Restaurant …” on November 29, 2017. Nasdaq.com‘s news article titled: “Zacks Industry Outlook Highlights: Domino’s Pizza, Darden Restaurants …” with publication date: November 28, 2017 was also an interesting one.

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