RBC Capital Cuts Price Target on Brinker International (EAT) to $54; Reiterates Sector Perform
- Futures falter as Meta Platforms weighs on megacaps
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Yen at multi-decade lows, dollar drops before US data
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and 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... MoreBrinker (EAT) volatility and share price increase into Q1 and outlook
October 25, 2016 5:28 AM EDTBrinker International (NYSE: EAT) 30-day option implied volatility of 34 compares to its 52-week range of 21 to 38 into Q1
... MoreTrading Radar for 10/25: Apple (AAPL), Caterpillar (CAT), Chipotle (CMG), Under Armour (UA), Juniper (JNPR) Report
October 24, 2016 2:16 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
9:00am EDT
Earnings:
3M Co. (NYSE: MMM) - consensus EPS $2.13
AK Steel (NYSE: AKS) - consensus EPS $0.13
AVANGRID, Inc. (NYSE: AGR) - consensus EPS $0.59
Allegheny Technologies (NYSE: ATI) - consensus loss $0.10
Allegiance... More