Brinker International (NYSE:EAT) Issues Quarterly Earnings Results

Brinker International (NYSE:EAT) announced its quarterly earnings data on Wednesday. The restaurant operator reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.26, Briefing.com reports. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.10 billion. Brinker International had a negative return on equity of 839.19% and a net margin of 4.11%. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period last year, the firm earned $0.28 earnings per share. Brinker International updated its FY 2025 guidance to 5.200-5.500 EPS.

Brinker International Trading Up 2.2 %

NYSE EAT traded up $2.28 during trading hours on Friday, hitting $104.99. 433,401 shares of the company were exchanged, compared to its average volume of 1,450,675. Brinker International has a 52 week low of $33.03 and a 52 week high of $107.15. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 63.54. The stock has a 50-day moving average price of $79.86 and a 200 day moving average price of $69.33. The stock has a market cap of $4.70 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 1.71 and a beta of 2.51.

Analyst Ratings Changes

EAT has been the subject of several analyst reports. Argus cut Brinker International from a “buy” rating to a “hold” rating in a report on Tuesday, October 1st. JPMorgan Chase & Co. downgraded shares of Brinker International from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $67.00 to $100.00 in a research note on Thursday. Wedbush reiterated a “neutral” rating and issued a $68.00 price objective on shares of Brinker International in a report on Thursday, August 15th. Bank Of America (Bofa) raised their target price on shares of Brinker International from $94.00 to $97.00 in a research report on Tuesday. Finally, KeyCorp increased their target price on Brinker International from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Thursday. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Brinker International presently has an average rating of “Hold” and a consensus target price of $84.19.

Brinker International Company Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.