Darden Restaurants: Fiscal Q2 Earnings Snapshot

ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Darden Restaurants Inc. (DRI) on Thursday reported fiscal second-quarter net income of $215.1 million.

The Orlando, Florida-based company said it had net income of $1.82 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $2.03 per share.

The results fell short of Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.05 per share.

The owner of Olive Garden and other chain restaurants posted revenue of $2.89 billion in the period, beating Street forecasts. Eleven analysts surveyed by Zacks expected $2.88 billion.