|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||57.47 - 61.75|
|52 Week Range||7.00 - 67.53|
|Beta (5Y Monthly)||2.67|
|PE Ratio (TTM)||116.34|
|Earnings Date||Jan 27, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 05, 2020|
|1y Target Est||63.53|
Brinker International (EAT) delivered earnings and revenue surprises of 16.67% and 1.21%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Brinker International (NYSE:EAT) moved higher by 2.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 65.35% year over year to $0.35, which beat the estimate of $0.33. Revenue of $760,700,000 decreased by 12.49% from the same period last year, which beat the estimate of $759,110,000. Looking Ahead Brinker International hasn't issued any earnings guidance for the time being. Brinker International hasn't issued any revenue guidance for the time being. Details Of The Call Date: Jan 27, 2021 View more earnings on EAT Time: 10:00 AM ET Webcast URL: https://edge.media-server.com/mmc/p/yzi3p3fp Price Action Company's 52-week high was at $67.53 Company's 52-week low was at $7.00 Price action over last quarter: Up 43.73% Company Profile Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and famous bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For January 27, 2021Earnings Preview: Brinker International© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Brinker International Inc. posted better-than-expected earnings for its fiscal second quarter on Wednesday, despite the continued impact of the coronavirus pandemic on its Chili's and Maggiano's restaurants. Brinker said it had net income of $12.0 million, or 26 cents a share, in the quarter to Dec. 23, less than half the $27.9 million, or 73 cents a share, posted in the year-earlier period. Adjusted per-share earnings came to 35 cents, ahead of the 31 cents FactSet consensus. Revenue fell to $760.7 million from $869.3 million, but also beat the $756.0 million FactSet consensus. The company's revenue was hurt by capacity limitations and personal safety preferences, which were partially offset by off-premise sales. Chili's same-store sales fell 6.3% from a year ago, while Maggiano's same-store sales fell 47%.