Analyst Estimates: Here's What Brokers Think Of Darden Restaurants, Inc. (NYSE:DRI) After Its Full-Year Report
Analyst Estimates: Here's What Brokers Think Of Darden Restaurants, Inc. (NYSE:DRI) After Its Full-Year Report
Last week saw the newest yearly earnings release from Darden Restaurants, Inc. (NYSE:DRI), an important milestone in the company's journey to build a stronger business. Results were roughly in line with estimates, with revenues of US$11b and statutory earnings per share of US$8.51. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Darden Restaurants, Inc. (NYSE:DRI)於上週發佈了最新的年度收益報告，這是公司構建更強大業務過程中的重要里程碑。結果基本符合預期，營業收入爲110億美元，每股收益爲8.51美元。分析師們在發佈結果後更新了他們的收益模型，我們很想知道他們是否認爲公司前景有了重大變化，或者是否一切照舊。我們認爲讀者會發現最新的（法定）盈利預測對明年很有趣。
After the latest results, the 23 analysts covering Darden Restaurants are now predicting revenues of US$11.8b in 2025. If met, this would reflect a reasonable 4.0% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 10% to US$9.54. Yet prior to the latest earnings, the analysts had been anticipated revenues of US$12.0b and earnings per share (EPS) of US$9.60 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
根據最新的數據，目前23位分析師涵蓋的Darden Restaurants預測其2025年營業收入將達118億美元。如果實現，這將反映出與過去12個月相比4.0％的合理增長。每股收益預計將增長10％，達到9.54美元。然而，在最新收益發布之前，分析師們預計2025年的營業收入爲120億美元，每股收益（EPS）爲9.60美元。所以很明顯，儘管分析師已更新了預測，但沒有在最新結果後對業務的預期進行重大更改。
It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$173. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Darden Restaurants analyst has a price target of US$192 per share, while the most pessimistic values it at US$149. This is a very narrow spread of estimates, implying either that Darden Restaurants is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.
因此，毫不奇怪地得知，共識價格目標基本不變，爲173美元。 但是，我們還可以從這些數據中得出其他結論，因爲一些投資者在評估分析師價值目標時還喜歡考慮預測的差距。最樂觀的Darden Restaurants分析師的股票價格目標爲192美元，而最悲觀的則爲149美元。這是一組非常有限的預測差距，表明Darden Restaurants要麼是一家易於價值評估的公司，要麼是-更有可能-分析師在很大程度上依賴某些關鍵假設。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Darden Restaurants' past performance and to peers in the same industry. It's pretty clear that there is an expectation that Darden Restaurants' revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 4.0% growth on an annualised basis. This is compared to a historical growth rate of 8.4% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.8% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Darden Restaurants.
這些估計非常有趣，但當我們比較預測與Darden Restaurants過去的業績以及同行業公司時，繪製一些更宏觀的輪廓是很有用的。很明顯，人們預計Darden Restaurants的營業收入增長將大幅放緩，預計到2025年底，其預期年增長率爲4.0％。這與過去五年8.4％的歷史增長率相比。爲了比較，此行業中的其他公司預計其營收年增長率爲9.8％。因此，雖然預計營收增長將放緩，但行業整體也預計將比Darden Restaurants增長更快。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是，營收預測未發生重大變化，業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元，最新估計不足以對價格目標產生影響。
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at US$173, with the latest estimates not enough to have an impact on their price targets.
最重要的是，分析師們重申業務表現與之前的每股盈利預估相一致，這一點沒有發生重大變化。好處是，營收預測沒有發生重大變化，儘管預測表明其將表現不如整個行業。共識價格目標保持穩定在173美元，最新的估計不足以影響他們的價格目標。
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Darden Restaurants analysts - going out to 2027, and you can see them free on our platform here.
話雖如此，公司盈利的長期軌跡比明年更爲重要。我們有多位Darden Restaurants分析師的預測，預測到2027年，您可以在我們的平台上免費查看它們。
Plus, you should also learn about the 2 warning signs we've spotted with Darden Restaurants .
另外，您還應該了解我們發現的2個警示信息，有關Darden Restaurants的信息。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論，只使用公正的方法論，我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議，也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意，我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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譯文內容由第三人軟體翻譯。