Darden Restaurants Inc (NYSE: DRI) is expected to earn $1.24 per share for quarter ended Feb 2012. Estimates from Wall Street analysts ranged from as low as $1.13 per share to as high as $1.26 per share. For the same quarter last year, the company earned $1.08 per share. Revenues are expected to come in at $2.14B. Shares of Darden Restaurants Inc fell by 1.97% or $-1.02/share to $50.81. In the past year, the shares have traded as low as $40.69 and as high as $53.81. On average, 1777960 shares of DRI exchange hands on a given day and today's volume is recorded at 3095945. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $50.46 area where the stock will likely see buying pressure.
