Brinker International Q4 Adj. EPS $1.39 Beats $1.32 Estimate, Sales $1.08B Miss $1.08B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brinker International (NYSE:EAT) reported Q4 earnings of $1.39 per share, beating the analyst consensus estimate of $1.32 by 5.3%. This is a 20.87% increase from the same period last year. However, the company's quarterly sales of $1.08 billion missed the analyst consensus estimate by 0.37%, though it's a 5.28% increase from the previous year.
August 16, 2023 | 10:46 am
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Brinker International's Q4 earnings beat estimates but sales missed slightly. Earnings per share increased by 20.87% YoY, while sales increased by 5.28% YoY.
Brinker International's earnings beat estimates, which is positive for the stock. However, the slight miss on sales could offset this positive impact. The YoY growth in both earnings and sales is a positive sign, indicating the company's strong performance despite the miss on sales estimates.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100