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What to Expect When Darden Restaurants (DRI) Reports Earnings Next Week

NEW YORK (TheStreet) -- Darden Restaurants (DRI - Get Report) is scheduled to release its fiscal 2016 first quarter earnings results before the market open on Tuesday, September 22.

Analysts are anticipating that the full service restaurant company will report a year over year rise in both earnings per share and revenue for the most recent quarter.

Darden Restaurants has been forecast by analysts surveyed by Thomson Reuters to post earnings of 57 cents per share on revenue of $1.7 billion.

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Last year, the company said adjusted earnings came in at 32 cents per share on sales of $1.6 billion for the fiscal 2015 first quarter.

Darden Restaurants is an Orlando-based company that operates over 1,500 restaurants. The company's brands include Oliver Garden, LongHorn Steakhouse, The Capital Grille, Bahama Breeze, Wildfish Seafood and Grill and more.

Shares of Darden Restaurants closed lower by 1.17% to $69.46 on Friday afternoon.

Separately, TheStreet Ratings...


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