Can Darden Restaurants Deliver In Its Next Earnings?
1. Darden's Q4 earnings forecast at $2.94 per share and $3.25 billion revenue. 2. Projected earnings growth of 14% year-over-year with a 10% sales rise. 3. Historically, DRI rises post-earnings 55% of the time, median gain of 5.8%. 4. Chuy's acquisition boosted revenue; same-restaurant sales growth seen in LongHorn. 5. Darden confirmed $12.1 billion revenue forecast for the year.