Brinker International (EAT) Projected to Post Earnings on Wednesday

Brinker International (NYSE:EAT) is projected to release its earnings data 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.Persons interested in listening to the company’s earnings conference call can do so using this link.

Brinker International (NYSE:EAT) last issued its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.26. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the firm posted $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 Trading Down 3.2 %

Shares of Brinker International stock opened at $149.63 on Monday. The company has a debt-to-equity ratio of 63.54, a quick ratio of 0.26 and a current ratio of 0.32. The firm has a 50-day moving average of $134.65 and a 200-day moving average of $98.85. Brinker International has a 52-week low of $39.11 and a 52-week high of $155.13. The stock has a market cap of $6.65 billion, a PE ratio of 36.50, a PEG ratio of 1.56 and a beta of 2.52.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EAT. Raymond James lowered shares of Brinker International from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 17th. Citigroup raised their price objective on Brinker International from $83.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, October 31st. Stifel Nicolaus upped their target price on Brinker International from $120.00 to $155.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Morgan Stanley raised Brinker International from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $70.00 to $115.00 in a report on Friday, December 20th. Finally, The Goldman Sachs Group started coverage on Brinker International in a research note on Thursday, December 5th. They issued a “buy” rating and a $150.00 price target for the company. Sixteen equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $109.45.

Insider Activity at Brinker International

In related news, CFO Michaela M. Ware sold 3,753 shares of Brinker International stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $103.02, for a total transaction of $386,634.06. Following the sale, the chief financial officer now directly owns 23,071 shares in the company, valued at $2,376,774.42. This trade represents a 13.99 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.72% of the stock is currently owned by company insiders.

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.