Brinker International Q4 Adj $1.61 Misses $1.65 Estimate, Sales $1.21B Beat $1.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
Brinker International (NYSE:EAT) reported Q4 earnings of $1.61 per share, missing the $1.65 estimate but beating the $1.56 consensus. Sales were $1.21B, surpassing the $1.15B estimate. Earnings increased by 15.83% YoY, and sales grew by 12.27% YoY.
August 14, 2024 | 10:54 am
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Brinker International reported Q4 earnings of $1.61 per share, missing the $1.65 estimate but beating the $1.56 consensus. Sales were $1.21B, surpassing the $1.15B estimate. Earnings increased by 15.83% YoY, and sales grew by 12.27% YoY.
Despite missing the higher earnings estimate of $1.65, Brinker International's earnings beat the consensus and showed significant YoY growth. Additionally, the company exceeded sales expectations, indicating strong performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100