WASHINGTON (dpa-AFX) - Darden Restaurants Inc. (DRI) announced a profit for fourth quarter that beat the Street estimates.
The company's bottom line totaled $303.8 million, or $2.58 per share. This compares with $308.1 million, or $2.57 per share, last year.
Excluding items, Darden Restaurants Inc. reported adjusted earnings of $351.6 million or $2.98 per share for the period.
Analysts on average had expected the company to earn $2.97 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.6% to $3.271 billion from $2.957 billion last year.
Darden Restaurants Inc. earnings at a glance (GAAP) :
-Earnings: $303.8 Mln. vs. $308.1 Mln. last year. -EPS: $2.58 vs. $2.57 last year. -Revenue: $3.271 Bln vs. $2.957 Bln last year.
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