Investing.com - Darden Restaurants (NYSE:DRI) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Darden Restaurants announced earnings per share of $2.78 on revenue of $2.28B. Analysts polled by Investing.com anticipated EPS of $1.76 on revenue of $2.17B.
Darden Restaurants shares are up 13% from the beginning of the year and are trading at $135.45 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 12.93% from the start of the year.
Darden Restaurants follows other major Consumer Discretionary sector earnings this month
Darden Restaurants's report follows an earnings beat by Pinduoduo on Wednesday, May 26, 2021, who reported EPS of $-2.33 on revenue of $22.17B, compared to forecasts EPS of $-2.46 on revenue of $19.82B.
Dollar General had beat expectations on Thursday, May 27, 2021 with first quarter EPS of $2.82 on revenue of $8.4B, compared to forecast for EPS of $2.19 on revenue of $8.27B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar