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Darden Restaurants Inc. Q4 Earnings Summary

Darden Restaurants Inc. (DRI) revealed earnings for fourth quarter that decreased from the same period last year in line with the Street estimates.

The company's bottom line came in at $281.7 million, or $2.24 per share. This compares with $368.5 million, or $2.78 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $2.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.0% to $2.60 billion from $2.28 billion last year.

Darden Restaurants Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $281.7 Mln. vs. $368.5 Mln. last year.
-EPS (Q4): $2.24 vs. $2.78 last year.
-Analyst Estimates: $2.21
-Revenue (Q4): $2.60 Bln vs. $2.28 Bln last year.

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