Don't Always Believe What You Read: Darden (DRI) Up, Not Down [Forbes]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investor.darden.com/investors/investor-relations/default.aspx
Company Research
Source: Forbes
can be as a predicter of stock performance, particularly in the near-term. Take Darden Restaurants (DRI) —a name I have owned in the past, but not a stock I presently own or recommend to readers of The Prudent Speculator —for an example of how headline-driven reactions can invoke a double-take from even the most informed market participants. On the day of its fiscal Q1 2025 earnings report, the company initially disappointed Wall Street with weaker-than-expected earnings and revenue. Major media outlets were quick to jump on the apparent negativity to publish articles highlighting the miss, such as Darden Restaurants earnings disappoint as Olive Garden, fine dining sales struggle. The title alone painted a grim picture, focusing on short-term headwinds that dominated the report. Darden's reported earnings per share (EPS) came in at $1.74, below the $1.83 expected by analysts, while revenue missed estimates at $2.76 billion versus the anticipated $2.8 billion. Olive Garden, Darden'
Show less
Read more
Impact Snapshot
Event Time:
DRI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRI alerts
High impacting Darden Restaurants, Inc. news events
Weekly update
A roundup of the hottest topics
DRI
News
- Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19PR Newswire
- Darden Restaurants, Inc. (NYSE: DRI) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $164.00 price target on the stock.MarketBeat
- Chuy's headquarters moving to Florida after Darden acquisition [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc.PR Newswire
- Darden Restaurants' (NYSE:DRI) Returns On Capital Are Heading Higher [Yahoo! Finance]Yahoo! Finance
DRI
Earnings
- 9/19/24 - Miss
DRI
Sec Filings
- 10/17/24 - Form 11-K
- 10/11/24 - Form 8-K
- 10/8/24 - Form 4
- DRI's page on the SEC website