Brinker International (EAT) Set to Announce Quarterly Earnings on Wednesday

by · The Cerbat Gem

Brinker International (NYSE:EAT – Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Brinker International has set its FY 2025 guidance at 4.350-4.750 EPS and its FY25 guidance at $4.35-4.75 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Brinker International (NYSE:EAT – Get Free Report) last released its earnings results on Wednesday, August 14th. The restaurant operator reported $1.61 earnings per share for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.04). Brinker International had a net margin of 3.52% and a negative return on equity of 274.62%. The firm had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter last year, the firm posted $1.39 EPS. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year. On average, analysts expect Brinker International to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Brinker International Stock Down 0.8 %

EAT opened at $92.92 on Wednesday. The company has a debt-to-equity ratio of 19.96, a quick ratio of 0.32 and a current ratio of 0.38. Brinker International has a fifty-two week low of $31.95 and a fifty-two week high of $94.39. The firm’s fifty day moving average is $75.76 and its 200 day moving average is $67.05. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 27.57, a price-to-earnings-growth ratio of 1.35 and a beta of 2.51.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EAT shares. Morgan Stanley lifted their target price on shares of Brinker International from $42.00 to $50.00 and gave the company an “underweight” rating in a research note on Tuesday, July 16th. Barclays boosted their target price on shares of Brinker International from $66.00 to $76.00 and gave the stock an “equal weight” rating in a report on Tuesday. Citigroup boosted their target price on shares of Brinker International from $69.00 to $83.00 and gave the stock a “neutral” rating in a report on Tuesday, October 8th. Raymond James downgraded shares of Brinker International from an “outperform” rating to a “market perform” rating in a report on Thursday, October 17th. Finally, Evercore ISI boosted their target price on shares of Brinker International from $69.00 to $90.00 and gave the stock an “in-line” rating in a report on Tuesday, October 15th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $74.62.

View Our Latest Stock Analysis on EAT

Brinker International Company Profile

(Get Free Report)

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.

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