Brinker International down after Q4 profit misses estimates

Brinker International

14/08/2024 14:24

** Shares of Chili's Grill & Bar operator Brinker International
 EAT.N  down 11.7% at $62.2 premarket
    ** EAT set for the worst day in over two years if declines
hold
    ** EAT reports Q4 profit at $1.61/shr, missing estimates of
$1.72/shr - LSEG 
    ** EAT also forecast FY 2025 profit between $4.35 and
$4.75/shr, below estimates of $4.78/shr - LSEG 
    ** Out of 19 analysts tracking EAT, 13 rate "hold" or lower,
while six rate "buy" or higher
    ** EAT up 61% YTD as of last close

 (Reporting by Pranav Kashyap in Bengaluru)
 ((Pranav.Kashyap@thomsonreuters.com; +919886482111;))