Brinker International Inc reports results for the quarter ended December 31 - Earnings Summary

Brinker International

29/01/2025 14:32

* Brinker International Inc  EAT.N  reported quarterly
adjusted
earnings of $2.80​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 99 cents.  The mean expectation of
nineteen analysts for the quarter was for earnings of $1.82 per
share. Wall Street expected results to range from $1.34 
to $2.26 per share.
    * Revenue rose 26.5% to $1.36 billion from a year ago;
analysts
expected $1.24 billion. 
    * Brinker International Inc's reported EPS for the quarter
was
$2.61​.
    * The company reported quarterly net income of $118.5
million.
    * Brinker International Inc shares had risen by 16.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 48.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 16
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "hold"

Wall Street's median 12-month price target for Brinker
International Inc is $140.00 
This summary was machine generated from LSEG data January 29 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      1.82           2.80           Beat
 Sep. 30 2024      0.69           0.95           Beat
 Jun. 30 2024      1.72           1.61           Missed
 Mar. 31 2024      1.15           1.24           Beat