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

Brinker International

31/01/2024 14:32

* Brinker International Inc  EAT.N  reported quarterly
adjusted
earnings of 99 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 76 cents.  The mean expectation of
nineteen analysts for the quarter was for earnings of 95 cents
per share. Wall Street expected results to range from 84 cents
to $1.09 per share.
    * Revenue rose 5.4% to $1.07 billion from a year ago;
analysts
expected $1.08 billion. 
    * Brinker International Inc's reported EPS for the quarter
was 94
cents​.
    * The company reported quarterly net income of $42.1
million.
    * Brinker International Inc shares had fallen by 5.8% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.1%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 12
"hold" and 3 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Brinker
International Inc is $43.00 

This summary was machine generated from LSEG data January 31 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 2023      0.95           0.99           Beat
 Sep. 30 2023      0.06           0.28           Beat
 Jun. 30 2023      1.32           1.39           Beat
 Mar. 31 2023      1.19           1.23           Beat