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Darden Restaurants Inc. Q4 adjusted earnings Beat Estimates


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(RTTNews.com) - Darden Restaurants Inc. ( DRI ) released earnings for its fourth quarter that rose from the same period last year.

The company's bottom line totaled $174.5 million, or $1.41 per share. This compares with $123.8 million, or $0.99 per share, in last year's fourth quarter.

Excluding items, Darden Restaurants Inc. reported adjusted earnings of $174.2 million or $1.39 per share for the period.

Analysts had expected the company to earn $1.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.4% to $2.13 billion from $1.93 billion last year.

Darden Restaurants Inc. earnings at a glance:


-Earnings (Q4): $174.2 Mln. vs. $148.8 Mln. last year.
-EPS (Q4): $1.39 vs. $1.18 last year.
-Analysts Estimate: $1.35
-Revenue (Q4): $2.13 Bln vs. $1.93 Bln last year.


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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: DRI ,


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