BRINKER INTERNATIONAL REPORTS THIRD QUARTER OF FISCAL 2022 RESULTS AND PROVIDES AN UPDATED FISCAL 2022 OUTLOOK
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Evercore ISI Downgrades Brinker Int'l (EAT) to In Line
May 5, 2022 5:25 AM EDTEvercore ISI analyst David Palmer downgraded Brinker Int'l (NYSE: EAT) from Outperform to In Line with a price target of $40.00 (from $60.00).
The analyst comments "Even with a solid on-premise sales recovery and upcoming pricing, we now see restaurant margin for FY23 remaining below pre-COVID level and Brinkers stock as likely dead money in the... More
Brinker International (EAT) Misses Q3 EPS by 11c, Offers Guidance
May 4, 2022 6:47 AM EDTBrinker International (NYSE: EAT) reported Q3 EPS of $0.92, $0.11 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $980.4 million versus the consensus estimate of $982.25 million.
GUIDANCE:
Brinker International sees FY2022 EPS of $3.05-$3.30, versus the consensus of $3.47.... More
