Darden Restaurants Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - Darden Restaurants, Inc. is set to release its first-quarter earnings on September 18, with analysts expecting earnings of $2.01 per share, an increase from $1.75 per share in the same period last year [1] - The company projects quarterly revenue of $3.04 billion, compared to $2.76 billion a year earlier [1] Group 2 - On June 20, Darden reported better-than-expected fourth-quarter financial results, although shares fell by 0.6% to $210.83 [2] - Analysts have provided various ratings and price targets for Darden, with Keybanc maintaining an Overweight rating and lowering the price target from $245 to $240 [6] - Truist Securities reiterated a Buy rating with a price target of $252, while BMO Capital increased its price target from $190 to $215 [6] - JP Morgan raised its price target from $218 to $240, and Raymond James increased its target from $230 to $240, with respective ratings of Overweight and Outperform [6]