Brinker International Reports Third Quarter Results
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May 1, 2019 7:40 AM EDT
BMO Capital analyst Andrew Strelzik raised the price target on Brinker Int'l (NYSE: EAT) to $39.00 (from $38.00) while maintaining a Underperform rating.
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April 30, 2019 6:55 AM EDT
Brinker International (NYSE: EAT) reported Q3 EPS of $1.26, $0.06 better than the analyst estimate of $1.20. Revenue for the quarter came in at $811.6 million versus the consensus estimate of $833.16 million.
Highlights include the following:
Earnings per diluted share, on a GAAP basis, in the third quarter of fiscal 2019 increased 28.4% to $1.31 compared to $1.02 in the third quarter of fiscal 2018Earnings per diluted share, excluding special items, in the third quarter of fiscal 2019 increased 16.7% to $1.26 compared to $1.08 in the third quarter of fiscal 2018 (see non-GAAP reconciliation below)Brinker International's Company sales in the third...
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