Brinker International Inc reports results for the quarter ended June 30 - Earnings Summary

• Brinker International Inc EAT.N reported quarterly adjusted earnings of $2.49​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.61. The mean expectation of eighteen analysts for the quarter was for earnings of $2.45 per share. Wall Street expected results to range from $2.05 to $2.76 per share.

• Revenue rose 21% to $1.46 billion from a year ago; analysts expected $1.44 billion.

• Brinker International Inc's reported EPS for the quarter was $2.30​.

• The company reported quarterly net income of $107 million.

• Brinker International Inc shares had fallen by 14.1% this quarter and gained 17.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."

• Wall Street's median 12-month price target for Brinker International Inc is $167.00, about 7.3% above its last closing price of $154.88

This summary was machine generated from LSEG data August 13 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)