Brinker International Inc reports results for the quarter ended March 31 - Earnings Summary

• Brinker International Inc EAT.N reported quarterly adjusted earnings of $2.66​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.24. The mean expectation of nineteen analysts for the quarter was for earnings of $2.56 per share. Wall Street expected results to range from $2.10 to $2.86 per share.

• Revenue rose 26.1% to $1.41 billion from a year ago; analysts expected $1.39 billion.

• Brinker International Inc's reported EPS for the quarter was $2.56​.

• The company reported quarterly net income of $119.1 million.

• Brinker International Inc shares had risen by 7.8% this quarter and gained 21.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 43.6% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 16 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "hold"

• Wall Street's median 12-month price target for Brinker International Inc is $170.00

This summary was machine generated from LSEG data April 29 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)