Zacks Research Issues Negative Outlook for EAT Earnings

Brinker International, Inc. (NYSE:EAT) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share estimates for Brinker International in a note issued to investors on Wednesday, November 12th. Zacks Research analyst Team now expects that the restaurant operator will earn $2.49 per share for the quarter, down from their previous forecast of $2.61. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share. Zacks Research also issued estimates for Brinker International’s Q3 2026 earnings at $2.83 EPS, Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $10.16 EPS, Q1 2027 earnings at $2.08 EPS, Q2 2027 earnings at $3.09 EPS, Q3 2027 earnings at $3.02 EPS, Q4 2027 earnings at $3.45 EPS, FY2027 earnings at $11.64 EPS, Q1 2028 earnings at $2.18 EPS and FY2028 earnings at $12.29 EPS.

Brinker International (NYSE:EAT) last posted its earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.17. Brinker International had a return on equity of 164.66% and a net margin of 7.94%.The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period in the previous year, the firm earned $0.95 EPS. The firm’s revenue was up 18.5% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS.

Several other brokerages also recently commented on EAT. The Goldman Sachs Group reduced their target price on shares of Brinker International from $207.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday, September 30th. Piper Sandler raised their price objective on shares of Brinker International from $155.00 to $168.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Barclays decreased their target price on Brinker International from $145.00 to $135.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 30th. Bank of America raised Brinker International from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $190.00 to $192.00 in a report on Monday, October 6th. Finally, Wells Fargo & Company decreased their price objective on Brinker International from $175.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $165.67.

Brinker International Price Performance

NYSE:EAT opened at $117.17 on Thursday. The company has a market cap of $5.21 billion, a P/E ratio of 12.15, a P/E/G ratio of 0.77 and a beta of 1.38. The firm’s fifty day moving average price is $128.69 and its two-hundred day moving average price is $149.75. Brinker International has a one year low of $100.30 and a one year high of $192.21. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.35 and a quick ratio of 0.25.

Institutional Investors Weigh In On Brinker International

Large investors have recently bought and sold shares of the company. Concord Wealth Partners acquired a new position in shares of Brinker International in the 2nd quarter valued at approximately $25,000. Allworth Financial LP raised its position in Brinker International by 105.8% during the second quarter. Allworth Financial LP now owns 142 shares of the restaurant operator’s stock valued at $26,000 after purchasing an additional 73 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in Brinker International during the third quarter valued at approximately $26,000. AdvisorNet Financial Inc bought a new stake in Brinker International during the second quarter worth $33,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Brinker International in the 2nd quarter valued at $34,000.

Insider Buying and Selling

In other Brinker International news, COO Douglas N. Comings sold 16,000 shares of the firm’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $156.48, for a total transaction of $2,503,680.00. Following the transaction, the chief operating officer owned 12,951 shares in the company, valued at $2,026,572.48. This trade represents a 55.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin Hochman sold 44,000 shares of the company’s stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $157.82, for a total value of $6,944,080.00. Following the sale, the chief executive officer owned 212,867 shares of the company’s stock, valued at approximately $33,594,669.94. The trade was a 17.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.43% of the company’s stock.

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.