Darden Restaurants Inc. (DRI) announced Tuesday morning that it expects to report second quarter net earnings from continuing operations of $0.26 to $0.27 per share. The consensus estimate is for EPS of $0.47. The company also lowered its full year 2013 earnings from continuing operations forecast to between $3.29 and $3.49, from previous expectations of $3.76 to $3.90. The consensus estimate is for EPS of $3.88.
Darden Restaurants gapped open sharply lower Tuesday, but traded in a range for the majority of the session. Shares ended the session lower by 5.02 at $47.40 on the highest volume of the year. The stock sank to a 10-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.