1. Darden will report Q2 earnings on Dec. 18, expected $2.10 EPS. 2. Revenue forecast is $3.07 billion, up from $2.89 billion last year. 3. Analysts show mixed ratings with price targets generally lowered. 4. First-quarter results were below expectations, causing a recent share decline.
FAQ
Why Neutral?
Darden's negative first-quarter results and lowered price targets indicate market caution. Historically, similar scenarios have resulted in subdued market reactions, but positive earnings surprises could boost sentiment.
How important is it?
The upcoming earnings report and analyst revisions directly influence DRI's stock price perception. The mixed analyst ratings add complexity to investor sentiment.
Why Short Term?
Earnings report is imminent (Dec. 18), creating immediate market reactions. Long-term impacts depend on sustained earnings growth post-report.