Ahead of Darden Restaurants (DRI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Insights - Darden Restaurants (DRI) is expected to report quarterly earnings of $2.82 per share, reflecting a 7.6$3.21 billion, an 8% increase from the previous year [1] Earnings Estimates and Revisions - The consensus EPS estimate for the quarter has been adjusted upward by 0.1% over the past 30 days, indicating a reassessment by analysts [1][2] Sales Projections - Analysts project 'Sales- Olive Garden' to reach $1.36 billion, a year-over-year increase of 4$689.74 million, showing a significant year-over-year change of 23% [4] - 'Sales- Fine Dining' is forecasted at $386.57 million, reflecting a 3.7$783.13 million, indicating a 7.2% increase from the previous year [5] - The total number of 'Company-owned restaurants' is estimated to be 2,174, up from 2,022 in the same quarter last year [5] - 'Company-owned restaurants - Olive Garden' is projected at 930, compared to 917 in the same quarter last year [5] Additional Company-Owned Restaurants Estimates - 'Company-owned restaurants - LongHorn Steakhouse' is expected to be 584, up from 572 in the same quarter last year [6] - 'Company-owned restaurants - Bahama Breeze' is projected to remain at 43, consistent with the previous year [6] - 'Company-owned restaurants - Seasons 52' is expected to reach 45, slightly up from 44 last year [7] - 'Company-owned restaurants - Eddie V's' is projected to remain at 30, unchanged from the previous year [7] - 'Company-owned restaurants - Yard House' is expected to be 89, up from 88 last year [8] - 'Company-owned restaurants - Cheddar's Scratch Kitchen' is projected at 183, compared to 181 in the same quarter last year [8] Stock Performance - Darden Restaurants shares have decreased by 2.7% over the past month, while the Zacks S&P 500 composite has declined by 7.7% [8]