Why Darden Restaurants (DRI) Stock Is Lower Today

NEW YORK (TheStreet) -- Darden Restaurants (DRI) stock is sliding on Friday after missing earnings and revenue estimates in its fourth quarter. 

Before the bell, shares had slipped 3.2% to $47.93. 

Over the three months to May, the company earned 65 cents a share and generated sales of $1.65 billion. Analysts surveyed by Thomson Reuters forecast 94 cents a share and $2.33 billion. 

Must read: Warren Buffett's 25 Favorite Stocks

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Separately, TheStreet Ratings team rates DARDEN RESTAURANTS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate DARDEN RESTAURANTS INC (DRI) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share."

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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