Darden Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Group 1 - Darden Restaurants, Inc. is set to release its second-quarter earnings results on December 18, with expected earnings of $2.1 per share, an increase from $2.03 per share in the same period last year [1] - The consensus estimate for Darden's quarterly revenue is projected at $3.07 billion, compared to $2.89 billion a year earlier [1] Group 2 - On September 18, Darden reported first-quarter financial results that were worse than expected, leading to a 0.5% decline in share price, closing at $185.53 [2] - Analysts have provided various ratings and price targets for Darden, with Citigroup maintaining a Buy rating and lowering the price target from $239 to $232 [3] - Mizuho maintained a Neutral rating and reduced the price target from $190 to $185, while JP Morgan kept an Overweight rating and cut the price target from $240 to $230 [3] - Deutsche Bank maintained a Buy rating and slashed the price target from $239 to $220, and Raymond James maintained an Outperform rating with a price target reduction from $230 to $210 [3]