Brinker Raises FY24 Adj. EPS Outlook To $3.45 - $3.70 From $3.35-$3.65
Portfolio Pulse from Benzinga Newsdesk
Brinker International has increased its adjusted EPS forecast for FY24 to a range of $3.45 - $3.70, up from the previous estimate of $3.35-$3.65.
January 31, 2024 | 11:49 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Brinker International, represented by the ticker $EAT, has raised its adjusted EPS outlook for FY24, indicating a positive performance expectation.
The increase in Brinker's adjusted EPS outlook is a strong signal to investors that the company is confident about its future earnings potential. This revision is likely to be perceived positively by the market, potentially leading to a short-term increase in the stock price as it reflects improved financial health and profitability expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100