Darden Restaurants Inc. (DRI: Quote) reported first quarter net earnings from continuing operations of $0.85 per share Friday morning, up from $0.78 per share last year. The consensus estimate was for EPS of $0.84. The company expects to report full year 2013 net earnings from continuing operations to grow in a range of 5 to 9 percent over fiscal 2012.
Darden Restaurants gapped open higher Friday, but traded in a range throughout the session. The stock closed up by 2.49 at $57.21 on above average volume and set a new high for the year.
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by RTT Staff Writer
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