Brinker International (EAT) to Release Quarterly Earnings on Wednesday

Brinker International (NYSE:EAT) is expected to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce 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 that wish to listen to the company’s earnings conference call can do so using this link.

Brinker International (NYSE:EAT) last released its quarterly earnings results on Wednesday, October 30th. The restaurant operator reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.26. Brinker International had a negative return on equity of 839.19% and a net margin of 4.11%. The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.10 billion. During the same quarter in the prior year, the business posted $0.28 earnings per share. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. 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 $153.59 on Wednesday. The company has a 50-day simple moving average of $132.57 and a 200 day simple moving average of $97.06. The company has a market capitalization of $6.82 billion, a P/E ratio of 37.46, a PEG ratio of 1.47 and a beta of 2.52. The company has a quick ratio of 0.26, a current ratio of 0.32 and a debt-to-equity ratio of 63.54. Brinker International has a fifty-two week low of $38.96 and a fifty-two week high of $153.63.

Insider Activity at Brinker International

In other Brinker International news, CFO Michaela M. Ware sold 3,753 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $103.02, for a total value of $386,634.06. Following the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.72% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Morgan Stanley raised Brinker International from an “underweight” rating to an “equal weight” rating and boosted their target price for the stock from $70.00 to $115.00 in a report on Friday, December 20th. Stifel Nicolaus upped their price objective on Brinker International from $120.00 to $155.00 and gave the company a “buy” rating in a report on Friday, January 10th. UBS Group lifted their target price on Brinker International from $108.00 to $146.00 and gave the stock a “neutral” rating in a report on Tuesday, January 7th. Bank of America upped their price target on shares of Brinker International from $97.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Finally, BMO Capital Markets cut shares of Brinker International from an “outperform” rating to a “market perform” rating and lifted their price objective for the stock from $80.00 to $105.00 in a research note on Thursday, October 31st. Fifteen investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Brinker International currently has a consensus rating of “Hold” and an average price target of $108.29.

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.