Brinker International (EAT) Projected to Post Quarterly Earnings on Wednesday

Brinker International (NYSE:EAT - Get Free Report) is expected to issue its quarterly earnings data 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 are interested in registering for the company's earnings conference call can do so using this link.

Brinker International (NYSE:EAT - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The restaurant operator reported $0.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.26. The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.10 billion. Brinker International had a net margin of 4.11% and a negative return on equity of 839.19%. The company's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm 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

Shares of NYSE EAT traded down $0.76 during mid-day trading on Wednesday, hitting $152.87. The company had a trading volume of 933,046 shares, compared to its average volume of 967,417. Brinker International has a 12 month low of $38.96 and a 12 month high of $155.13. The stock has a market cap of $6.79 billion, a price-to-earnings ratio of 37.25, a PEG ratio of 1.47 and a beta of 2.52. The company has a debt-to-equity ratio of 63.54, a current ratio of 0.32 and a quick ratio of 0.26. The firm's 50 day simple moving average is $132.57 and its two-hundred day simple moving average is $97.06.

Insider Activity at Brinker International

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Evercore ISI lifted their price objective on shares of Brinker International from $69.00 to $90.00 and gave the company an "in-line" rating in a research note on Tuesday, October 15th. Barclays lifted their target price on shares of Brinker International from $95.00 to $143.00 and gave the company an "equal weight" rating in a research note on Tuesday, January 7th. Bank of America raised their price objective on shares of Brinker International from $97.00 to $110.00 and gave the stock a "neutral" rating in a research note on Thursday, October 31st. Raymond James cut shares of Brinker International from an "outperform" rating to a "market perform" rating in a research report on Thursday, October 17th. Finally, Argus upgraded shares of Brinker International from a "hold" rating to a "buy" rating and set a $150.00 price objective on the stock in a report on Tuesday, December 24th. Fifteen research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company 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.