Brinker International (NYSE:EAT) Announces Quarterly Earnings Results, Beats Estimates By $1.43 EPS

Brinker International (NYSE:EATGet Free Report) released its quarterly earnings results on Wednesday. The restaurant operator reported $2.80 earnings per share for the quarter, topping analysts’ consensus estimates of $1.37 by $1.43, Zacks reports. Brinker International had a return on equity of 16,722.22% and a net margin of 5.45%. Brinker International updated its FY 2025 guidance to 7.500-8.000 EPS.

Brinker International Stock Performance

Shares of NYSE EAT traded up $2.13 during mid-day trading on Friday, hitting $184.63. The company had a trading volume of 350,566 shares, compared to its average volume of 1,234,587. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 32.03, a PEG ratio of 0.97 and a beta of 2.52. The firm’s 50 day simple moving average is $138.17 and its two-hundred day simple moving average is $101.23. The company has a debt-to-equity ratio of 63.54, a current ratio of 0.32 and a quick ratio of 0.26. Brinker International has a 12 month low of $40.50 and a 12 month high of $187.08.

Analyst Ratings Changes

EAT has been the subject of a number of analyst reports. Morgan Stanley raised shares of Brinker International from an “underweight” rating to an “equal weight” rating and upped their price objective for the company from $70.00 to $115.00 in a research report on Friday, December 20th. Bank of America increased their price target on Brinker International from $97.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, October 31st. Bank Of America (Bofa) lifted their price objective on Brinker International from $94.00 to $97.00 in a report on Tuesday, October 29th. Wells Fargo & Company increased their target price on Brinker International from $145.00 to $175.00 and gave the company an “equal weight” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. upped their price target on shares of Brinker International from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday. Sixteen investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Brinker International presently has a consensus rating of “Hold” and a consensus target price of $135.48.

Read Our Latest Report 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.

Further Reading

Earnings History for Brinker International (NYSE:EAT)

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