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

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.

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