Brinker International shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results and issued FY25 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Brinker International shares are trading lower after the company reported worse-than-expected Q4 adjusted EPS results and issued FY25 adjusted EPS guidance below estimates.
August 14, 2024 | 11:34 am
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NEGATIVE IMPACT
Brinker International reported Q4 adjusted EPS results that were worse than expected and issued FY25 adjusted EPS guidance below estimates, leading to a decline in share price.
The company's worse-than-expected Q4 adjusted EPS results and lower-than-expected FY25 guidance are likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100