Shares of Olive Garden parent Darden jump after earnings, revenue beat

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Shares of Olive Garden parent Darden jump after earnings, revenue beat
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Darden Restaurants, Olive Garden's parent company, reported earnings Thursday before the bell.

Darden Restaurants on Thursday reported quarterly earnings and revenue that topped analysts' expectations.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

Olive Garden's parent company reported fiscal third-quarter net income of $223.6 million, or $1.79 per share, up from $217.8 million, or $1.73 per share, a year earlier. Excluding items, Darden earned $1.80 per share, beating the $1.75 per share expected by analysts surveyed by Refinitiv.

 

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