On Tuesday, October, 4th, Darden Restaurants (DRI - Free Report) will release its Q1 earnings results before the bell. The company is a Zacks Rank 3 (Hold), and they were upgraded within the last 30 days due to upward revisions in their earnings estimates.
Dave will investigate Darden Restaurants’s past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Darden Restaurants ahead of earnings.
Darden Restaurants Inc. in Focus
Darden Restaurants is the world's largest casual dining restaurant company based on market share, sales and number of company-owned and operated restaurants. Darden Restaurants own chains including Long Horn Steakhouse, Olive Garden, and Red Lobster to name a few. Darden through its subsidiaries, engages in the ownership and operation of casual dining restaurants in the United States and Canada.
Darden Restaurants is expected to report earnings at $0.83 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $1.10 per share beating the Zack’s Consensus Estimate of $1.08 per share, and they have an average surprise of 12.12% over the last four quarters.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Tuesday, October, 4th, Darden Restaurants (DRI - Free Report) will release its Q1 earnings results before the bell. The company is a Zacks Rank 3 (Hold), and they were upgraded within the last 30 days due to upward revisions in their earnings estimates.
Dave will investigate Darden Restaurants’s past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Darden Restaurants ahead of earnings.
Darden Restaurants Inc. in Focus
Darden Restaurants is the world's largest casual dining restaurant company based on market share, sales and number of company-owned and operated restaurants. Darden Restaurants own chains including Long Horn Steakhouse, Olive Garden, and Red Lobster to name a few. Darden through its subsidiaries, engages in the ownership and operation of casual dining restaurants in the United States and Canada.
Darden Restaurants is expected to report earnings at $0.83 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $1.10 per share beating the Zack’s Consensus Estimate of $1.08 per share, and they have an average surprise of 12.12% over the last four quarters.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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