Darden Restaurants is set to announce its fiscal fourth-quarter 2026 results before the market opens on Thursday, June 25, with analysts forecasting an adjusted earnings per share of $3.63, a 21.8% increase from $2.98 in the same quarter last year. The company, which has a market capitalization of $21.6 billion and operates brands including Olive Garden, LongHorn Steakhouse, and Ruth's Chris Steak House, has exceeded or met Wall Street estimates in two of the past four quarters while missing on two other occasions. For the full fiscal year 2026, analysts project adjusted EPS of $10.62, up 11.2% from $9.55 in fiscal 2025, with a further 7.2% rise to $11.38 expected in fiscal 2027. Darden's shares have declined 4.9% over the past 52 weeks, underperforming the S&P 500 Index's nearly 22.2% gain and the State Street Consumer Discretionary Select Sector SPDR Fund's 6.1% return, as concerns over slowing consumer spending and cost pressures weighed on sentiment. Analysts hold a cautiously optimistic consensus view with a Moderate Buy rating, comprising 17 Strong Buy, one Moderate Buy, and 12 Hold recommendations, and an average price target of $227.39 implying about 8% upside from current levels.
Darden Restaurants IncArticle reports expected EPS growth and analyst ratings, but no actual results or material news yet.