Will Brinker's (EAT) Chili's Deliver on Same-Store-Sales Estimates?
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Price: $246.06 +5.56%
Rating Summary:
22 Buy, 17 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
22 Buy, 17 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Brinker Int'l (NYSE: EAT) will report earnings on Thursday of this week, and analysts at Wells Fargo think investors are likely to focus on same-store-sales and margin expansion.
"We expect continued multiple expansion in coming quarters and view EAT as one of the few restaurant names poised to take market share and drive margin expansion in FY2013," said analyst Jeff Farmer.
He is modeling EPS of $0.40, slightly above street estimates of $0.38, and 2.2 percent same-store-sales at Chili’s vs. street estimates of 2.4 percent.
Wells Fargo has an Outperform Brinker Int'l (NYSE: EAT) with a price target of $39 to $42.
For an analyst ratings summary and ratings history on Brinker Int'l click here. For more ratings news on Brinker Int'l click here.
Shares of Brinker Int'l closed at $33.11 yesterday.
"We expect continued multiple expansion in coming quarters and view EAT as one of the few restaurant names poised to take market share and drive margin expansion in FY2013," said analyst Jeff Farmer.
He is modeling EPS of $0.40, slightly above street estimates of $0.38, and 2.2 percent same-store-sales at Chili’s vs. street estimates of 2.4 percent.
Wells Fargo has an Outperform Brinker Int'l (NYSE: EAT) with a price target of $39 to $42.
For an analyst ratings summary and ratings history on Brinker Int'l click here. For more ratings news on Brinker Int'l click here.
Shares of Brinker Int'l closed at $33.11 yesterday.
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