Financial analysts offer their takes on the projected performance of Darden Restaurants Inc., ahead of the company’s 2012 first-quarter earnings report
Several analysts lowered their price targets for Darden Restaurants Inc. Wednesday after the casual-dining company announced in its outlook for the first-quarter that earnings would not meet expectations, based on weak results at Olive Garden and the impact of Hurricane Irene. But even while Darden said earnings for the quarter would slip by two cents per share, analysts generally said they remain encouraged by Orlando, Fla.-based Darden’s overall performance. Preliminary first-quarter ...
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Contact: Desiree Torres Desiree.Torres@penton.com