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

Brinker International

01/11/2023 13:32

* Brinker International Inc  EAT.N  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in
September, higher than the same quarter last year, when the
company reported EPS of -57 cents.  The mean expectation of
nineteen analysts for the quarter was for earnings of 6 cents
per share. Wall Street expected results to range from -15 cents
to 20 cents per share.
    * Revenue rose 6% to $1.01 billion from a year ago; analysts
expected $1.01 billion. 
    * Brinker International Inc's reported EPS for the quarter
was 16
cents​.
    * The company reported quarterly net income of $7.2 million.
    * Brinker International Inc shares had risen by 7.4% this
quarter and gained 6.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 13.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 14
"hold" and 2 "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 $35.50 
This summary was machine generated from LSEG data November 1 at
01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.06           0.28           Beat
 Jun. 30 2023      1.32           1.39           Beat
 Mar. 31 2023      1.19           1.23           Beat
 Dec. 31 2022      0.52           0.76           Beat