Brinker (EAT) volatility and share price increase into Q1 and outlook
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Wall St indexes split, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
RBC Capital Cuts Price Target on Brinker International (EAT) to $54; Reiterates Sector Perform
October 26, 2016 7:49 AM EDTRBC Capital maintained a Sector Perform rating on Brinker International (NYSE: EAT), and cut the price target to $54.00 (from $55.00), following the company's 1Q earnings report. RBC cut F17 and FY18 EPS estimates from $3.44 and $3.86 to $3.38 and $3.81, respectively, based on slowing SSS trends and unclear... More
Brinker International (EAT) Misses Q1 EPS by 6c; Comps Show Surprise Drop
October 25, 2016 7:17 AM EDTBrinker International (NYSE: EAT) reported Q1 EPS of $0.49, $0.06 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $758.5 million versus the consensus estimate of $772.63 million.
Comps fell 1.1 percent, versus an expected increase of 0.2 percent.
Chili's company-owned comparable restaurant sales decreased 1.4... More