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.
Click here to receive FREE breaking news email alerts for Darden Restaurants Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News