Investing.com - Darden Restaurants (NYSE:DRI) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Darden Restaurants announced earnings per share of $0.98 on revenue of $1.73B. Analysts polled by Investing.com anticipated EPS of $0.6868 on revenue of $1.61B.
Darden Restaurants shares are up 12% from the beginning of the year and are trading at $133.93 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3.54% from the start of the year.
Darden Restaurants follows other major Services sector earnings this month
Darden Restaurants's report follows an earnings beat by Pinduoduo on Wednesday, March 17, 2021, who reported EPS of $-0.15 on revenue of $26.55B, compared to forecasts EPS of $-0.2543 on revenue of $19.12B.
Costco had missed expectations on Thursday, March 4, 2021 with second quarter EPS of $2.14 on revenue of $44.77B, compared to forecast for EPS of $2.45 on revenue of $43.75B.
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