Brinker International (EAT) to Release Earnings on Wednesday

Brinker International (NYSE:EAT) will likely be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect Brinker International to post earnings of $1.37 per share and revenue of $1,173,510.00 billion for the quarter. Brinker International has set its FY 2025 guidance at 5.200-5.500 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Brinker International (NYSE:EAT) last released its earnings results on Wednesday, October 30th. The restaurant operator reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.26. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. Brinker International had a net margin of 4.11% and a negative return on equity of 839.19%. The business’s quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 EPS. On average, analysts expect Brinker International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Brinker International Stock Performance

EAT stock opened at $151.63 on Tuesday. Brinker International has a twelve month low of $39.39 and a twelve month high of $155.13. The company has a quick ratio of 0.26, a current ratio of 0.32 and a debt-to-equity ratio of 63.54. The company has a market cap of $6.74 billion, a P/E ratio of 36.98, a price-to-earnings-growth ratio of 1.56 and a beta of 2.52. The business’s fifty day moving average is $135.22 and its 200-day moving average is $99.46.

Insider Activity

In related news, CFO Michaela M. Ware sold 3,753 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was sold at an average price of $103.02, for a total transaction of $386,634.06. Following the sale, the chief financial officer now owns 23,071 shares in the company, valued at approximately $2,376,774.42. This represents a 13.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.72% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. BMO Capital Markets raised their target price on Brinker International from $105.00 to $125.00 and gave the stock a “market perform” rating in a report on Monday. Bank Of America (Bofa) lifted their price objective on shares of Brinker International from $94.00 to $97.00 in a research note on Tuesday, October 29th. Evercore ISI boosted their price objective on shares of Brinker International from $69.00 to $90.00 and gave the company an “in-line” rating in a report on Tuesday, October 15th. Bank of America increased their target price on shares of Brinker International from $97.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Finally, Citigroup boosted their price target on shares of Brinker International from $83.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Sixteen analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Brinker International presently has a consensus rating of “Hold” and an average target price of $111.29.

About Brinker International

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.