Darden Restaurants Higher Ahead of Earnings

Published on Thursday, 15 December 2011 11:12 Written by Danny Miller

New York, December 15th (TradersHuddle.com) - Shares of Darden Restaurants, Inc. (NYSE:DRI) are trading higher by +0.19% ahead of its quarterly earnings release. Darden Restaurants, the owner and operator of the Red Lobster and Olive Garden restaurant chains is expected to release its quarterly results on December 16^th.

Wall Street Analysts consensus calls for a profit of $0.48 a share on $1.83 billion revenue.

Darden Restaurants estimates have a range of $0.15 a share. The high estimate calls for profit of $0.56 a share and the low estimate is calling for a profit of $0.41 a share, a year ago for the quarter the company reported $0.54 a share.

Darden Restaurants, Inc. (NYSE:DRI) operates casual dining restaurants and a high end steakhouse chain in North America. The Company operates restaurants under Red Lobster, Olive Garden, Bahama Breeze, and The Capital Grille names.

Other companies on the watch on this earnings event are Brinker International, Inc. NYSE:EAT and .