Darden Restaurants Inc. Q4 adjusted earnings Beat Estimates

(RTTNews) - Darden Restaurants Inc. (DRI) announced earnings for its fourth quarter that rose from last year.

The company's profit totaled $208.7 million, or $1.67 per share. This compares with $175.4 million, or $1.40 per share, in last year's fourth quarter.

Excluding items, Darden Restaurants Inc. reported adjusted earnings of $219.7 million or $1.76 per share for the period.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $2.23 billion from $2.13 billion last year.

Darden Restaurants Inc. earnings at a glance:

-Earnings (Q4): $219.7 Mln. vs. $174.2 Mln. last year. -EPS (Q4): $1.76 vs. $1.39 last year. -Analysts Estimate: $1.72 -Revenue (Q4): $2.23 Bln vs. $2.13 Bln last year.