How did DRI's Q4 2024 earnings surprise investors?

Darden Restaurants (DRI) delivered an earnings surprise of $0.04 per share in Q4 2024, exceeding investor expectations. This positive surprise contributed to a significant stock price increase, as evidenced by an 8.85% rise in premarket trading following the earnings announcement. |code|Ticker|Name|Date|Revenue Surprise|market_code| |---|---|---|---|---|---| |DRI|DRI.N|Darden Restaurants|2024 Q1|2.1E7|169| |DRI|DRI.N|Darden Restaurants|2024 Q2|-1.27E7|169| |DRI|DRI.N|Darden Restaurants|2024 Q3|-4.5E7|169| |DRI|DRI.N|Darden Restaurants|2024 Q4|2.0E7|169| Investors responded favorably to the earnings news article, likely attributing the positive surprise to DRI's strategic initiatives and strong revenue performance. Despite missing the Zacks Consensus Estimate in previous quarters, DRI's consistent revenue growth and ability to adapt to consumer spending patterns likely instilled confidence in investors about the company's long-term prospects.