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Darden Restaurants Earnings Preview: What to Expect

Orlando, Florida-based Darden Restaurants, Inc. (DRI) owns and operates full-service restaurants in North America. With a market cap of 21.4billion,DardenRestaurantsoperatesvariousbrandsincludingOliveGarden,LongHornSteakhouse,CheddarsScratchKitchen,Seasons52,YardHouse,andmore.Therestaurantgiantisexpectedtoreleaseits Q2resultsbymidDecember.Aheadoftheevent,analystsexpectDRItoreportan adjustedEPSof21.4 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 ...