of analysts polled by Refinitiv for earnings in the fiscal fourth quarter, while revenue came in line with expectations.
Its full-year earnings guidance placed the consensus estimate of analysts polled by FactSet on the higher end of the company's range. Meanwhile, Darden's revenue guidance was higher than Wall Street forecasted. The company also increased its quarterly dividend and announced Chairman Eugene Lee would retire.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla technology inches closer to becoming industry standard as Rivian joins its charging networkElectric vehicle maker Rivian says it will follow General Motors and Ford and join Tesla’s charging network starting next year. The startup truck, SUV and delivery van maker says Tuesday that it will include ports with Tesla’s connector on future Rivian vehicles starting in 2025. It also will offer an adapter for owners of current Rivian EVs. The move is another domino to fall as the auto industry considers switching to Tesla’s connector, which it calls the North American Charging Standard. At present, nearly all automakers other than Tesla use what is called a CCS connector. Tesla has more direct current fast-charging plugs in the U.S. than any other network, and its stations are in prime locations along freeway travel corridors.
Source: AP - 🏆 728. / 51 Read more »
Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »