Brinker International (NYSE:EAT) Posts Earnings Results, Beats Estimates By $0.26 EPS

Brinker International (NYSE:EAT) announced its quarterly earnings results on Wednesday. The restaurant operator reported $0.95 EPS for the quarter, beating the consensus estimate of $0.69 by $0.26, Briefing.com reports. Brinker International had a negative return on equity of 274.62% and a net margin of 3.52%. The firm had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same quarter last year, the firm posted $0.28 earnings per share. The business’s revenue for the quarter was up 12.5% on a year-over-year basis. Brinker International updated its FY 2025 guidance to 5.200-5.500 EPS.

Brinker International Stock Performance

Shares of NYSE EAT traded down $0.68 during midday trading on Thursday, reaching $103.57. The company had a trading volume of 1,109,338 shares, compared to its average volume of 1,449,962. Brinker International has a 1 year low of $32.90 and a 1 year high of $107.15. The business’s 50-day simple moving average is $79.86 and its 200 day simple moving average is $69.33. The company has a current ratio of 0.38, a quick ratio of 0.32 and a debt-to-equity ratio of 19.96. The stock has a market cap of $4.61 billion, a P/E ratio of 30.79, a P/E/G ratio of 1.35 and a beta of 2.51.

Wall Street Analyst Weigh In

A number of research firms have commented on EAT. BMO Capital Markets downgraded shares of Brinker International from an “outperform” rating to a “market perform” rating and raised their target price for the company from $80.00 to $105.00 in a research report on Thursday. Evercore ISI boosted their price objective on shares of Brinker International from $69.00 to $90.00 and gave the stock an “in-line” rating in a research note on Tuesday, October 15th. Raymond James cut Brinker International from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 17th. UBS Group boosted their price target on Brinker International from $70.00 to $94.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, Citigroup raised their price objective on Brinker International from $69.00 to $83.00 and gave the company a “neutral” rating in a research report on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $81.31.

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.