Brinker International Inc. (NYSE: EAT) has reported E.P.S. of $1.10 for its third fiscal quarter (ending March 31) versus $1.15 for the same period a year ago — a decline of -4%. Relative to the consensus estimate of $1.22, this was a shortfall of $-0.12. For the latest four quarters through March 31, E.P.S. were $3.43 compared to $2.02 a year ago — an increase of 70%.
Recent Price Action
Brinker International Inc. (NYSE: EAT) stock closed at $53.60 on 4/30/24 after a very large increase of 7.9%. Moreover, trading volume in this advance was exceptionally high at 290% of normal. The stock has risen 16.0% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, EAT is expected to be a major Value Eraser.
Brinker International is currently unrated.
Rating Review
The stock is currently unrated.
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