Brinker Raises FY25 Total Revenue Outlook From $4.55B - $4.62B To $4.70B - $4.75B (Est $4.616B), Adjusted EPS Forecast From $4.35 - $4.75 To $5.20 - $5.50 (Est $4.83)
Portfolio Pulse from Benzinga Newsdesk
Brinker International has raised its fiscal year 2025 total revenue outlook from $4.55B-$4.62B to $4.70B-$4.75B, surpassing the estimated $4.616B. Additionally, the adjusted EPS forecast has been increased from $4.35-$4.75 to $5.20-$5.50, exceeding the estimated $4.83.
October 30, 2024 | 10:23 am
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POSITIVE IMPACT
Brinker International has raised its FY25 revenue and EPS forecasts, both exceeding market estimates. This positive revision suggests strong future performance.
The upward revision of both revenue and EPS forecasts indicates a strong business outlook and potential for increased profitability, which is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100