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Darden Restaurants Q4 adjusted earnings beat estimates

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Christian Fernsby ▼ | June 21, 2019
Darden Restaurants
Darden Restaurants   The company's profit was $208.7 million

Darden Restaurants announced earnings for its fourth quarter that rose from last year.

The company's profit was $208.7 million, or $1.67 per share. This compares with $175.4 million, or $1.40 per share, in last year's fourth quarter.

Excluding items, Darden Restaurants Inc. reported adjusted earnings of $219.7 million or $1.76 per share for the period.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $2.23 billion from $2.13 billion last year.

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