Darden Restaurants (DRI) Expected to Post Quarterly Earnings on Thursday

Darden Restaurants (NYSE:DRIGet Free Report) is expected to be issuing its Q1 2027 results before the market opens on Thursday, September 24th. Analysts expect the company to announce earnings of $2.05 per share and revenue of $3.2069 billion for the quarter. Darden Restaurants has set its FY 2027 guidance at 11.100-11.350 EPS. Interested persons can find conference call details on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Thursday, September 24, 2026 at 8:30 AM ET.

Darden Restaurants (NYSE:DRIGet Free Report) last issued its quarterly earnings data on Thursday, June 25th. The restaurant operator reported $3.66 earnings per share for the quarter, beating analysts’ consensus estimates of $3.63 by $0.03. Darden Restaurants had a return on equity of 57.44% and a net margin of 9.13%.The business had revenue of $3.72 billion during the quarter, compared to analysts’ expectations of $3.73 billion. During the same period in the previous year, the firm posted $2.98 earnings per share. The company’s revenue was up 13.7% on a year-over-year basis. On average, analysts expect Darden Restaurants to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.

Darden Restaurants Price Performance

DRI opened at $211.54 on Tuesday. The stock’s 50-day moving average price is $211.20 and its 200 day moving average price is $204.61. Darden Restaurants has a 12-month low of $169.00 and a 12-month high of $229.76. The company has a current ratio of 0.31, a quick ratio of 0.21 and a debt-to-equity ratio of 0.74. The firm has a market cap of $24.13 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.97 and a beta of 0.60.

Darden Restaurants Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were paid a dividend of $1.62 per share. This represents a $6.48 dividend on an annualized basis and a yield of 3.1%. This is a boost from Darden Restaurants’s previous quarterly dividend of $1.50. The ex-dividend date was Friday, July 10th. Darden Restaurants’s payout ratio is currently 62.43%.

Insider Activity

In other news, insider Laura Williamson sold 1,110 shares of the firm’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $204.32, for a total transaction of $226,795.20. Following the sale, the insider owned 10,754 shares of the company’s stock, valued at approximately $2,197,257.28. This trade represents a 9.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Susan Connelly sold 9,930 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $206.21, for a total transaction of $2,047,665.30. Following the sale, the senior vice president owned 4,165 shares of the company’s stock, valued at $858,864.65. This represents a 70.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 70,185 shares of company stock valued at $14,636,984. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Evercore cut shares of Darden Restaurants from an “outperform” rating to an “in-line” rating and set a $230.00 price target on the stock. in a research report on Tuesday, June 23rd. Oppenheimer lifted their price objective on shares of Darden Restaurants from $235.00 to $245.00 and gave the company an “outperform” rating in a report on Tuesday, September 15th. BTIG Research upped their target price on shares of Darden Restaurants from $225.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, June 26th. Morgan Stanley increased their target price on shares of Darden Restaurants from $236.00 to $255.00 and gave the stock an “overweight” rating in a report on Monday, September 14th. Finally, Citigroup raised their price target on shares of Darden Restaurants from $245.00 to $248.00 and gave the company a “buy” rating in a research report on Friday, September 11th. Eighteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $232.86.

View Our Latest Stock Report on DRI

Darden Restaurants Company Profile

(Get Free Report)

Darden Restaurants, Inc (NYSE: DRI) is a full-service restaurant company headquartered in Orlando, Florida. It operates and franchises a portfolio of dining brands serving a range of cuisines, price points and occasions, with restaurants primarily located in the United States and select international markets.

Its restaurant portfolio includes Olive Garden, an Italian-American dining chain; LongHorn Steakhouse; Cheddar’s Scratch Kitchen; Yard House; The Capital Grille; Seasons 52; Bahama Breeze; Eddie V’s; Ruth’s Chris Steak House; and Chuy’s.

Further Reading

Earnings History for Darden Restaurants (NYSE:DRI)

Receive News & Ratings for Darden Restaurants Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Darden Restaurants and related companies with MarketBeat.com's FREE daily email newsletter.