Brinker International (EAT) Tops Q4 EPS by 1c; Guides FY17 EPS Below Views

August 11, 2016 7:17 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

Brinker International (NYSE: EAT) reported Q4 EPS of $1.24, $0.01 better than the analyst estimate of $1.23. Revenue for the quarter came in at $881.7 million versus the consensus estimate of $881.43 million.

  • Chili's fourth quarter company-owned comparable restaurant sales1 decreased 1.8 percent
  • Maggiano's fourth quarter comparable restaurant sales1 decreased 1.7 percent
  • Chili's franchise fourth quarter comparable restaurant sales1 decreased 3.4 percent, which includes a 2.1 percent and 5.5 percent decrease for U.S. and international franchise restaurants, respectively
  • Total comps fell 2.2 percent

GUIDANCE:

Brinker International sees FY2017 EPS of $3.40-$3.50, versus the consensus of $3.54.

For earnings history and earnings-related data on Brinker International (EAT) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance, Hot Guidance, Retail Sales

Related Entities

Earnings

Add Your Comment