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Darden (DRI) Stock Earnings Preview: What Investors Need to Know

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Today’s video takes a quick look at restaurant stock Darden (DRI - Free Report) ahead of their earnings report. This company, which is best known for its Olive Garden and Longhorn Steakhouse divisions, is facing some headwinds thanks to a sluggish industry rank which puts the restaurant segment in the bottom quarter of all segments that we cover.

However, there are some positives for DRI heading into its report. The company has a great fundamental score which includes an ‘A’ VGM grade, as well as a triple play of ‘A’ grades for momentum, growth, and value. Few restaurants in the sector can match this, and especially this quarter when so many have poor ranks.

Speaking of ranks, DRI actually has a Zacks Rank #3 (hold) right now, which on its own isn’t inspiring. But, the company has just moved out of sell territory so this is a stock that could be headed in the right direction, and especially if it can yet again live up to analyst expectations.

DARDEN RESTRNT Price and Consensus


Darden reports before the bell on October 4th, and we are looking for earnings of 83 cents per share. Make sure to watch the video for a quick guide to DRI heading into the report, and if you’d like information on compelling options trades ahead of earnings, check out Dave Bartosiak’s Live Trader for some option insights on a number of important stocks.

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