Chili's Parent Brinker International's Stock Dips As Rising Costs Eat Into Earnings
Brinker International (EAT) shares sank in intraday trading Wednesday after rising costs took a bite out of the the restaurant chain operator's profit and earnings outlook.
Brinker (EAT) Stock Down After Q4 Earnings Lag Estimates
Brinker (EAT) fourth-quarter fiscal 2024 top line gains from higher traffic and menu pricing.
EAT Stock Alert: Why Shares of Brinker Are Plunging Today
The shares of casual restaurant chain owner Brinker (NYSE: EAT ) are sinking 12% in early trading. EAT stock is tumbling after the firm's profits for its fiscal fourth quarter, which ended on June 26, came in below analysts' average estimates.
Are Investors Undervaluing Brinker International (EAT) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Brinker International (EAT) Reports Q4 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Brinker International (EAT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Brinker International (EAT) Lags Q4 Earnings Estimates
Brinker International (EAT) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.39 per share a year ago.
Chili's parent Brinker's stock tumbles after a profit miss and downbeat outlook
Shares of Brinker International Inc. EAT, +2.86% tumbled 13.7% in premarket trading, after the parent of Chili's and Maggiano's restaurant chains missed fiscal fourth-quarter profit expectations and provided a downbeat fiscal 2025 outlook. Net income for the quarter to June 26 rose to $57.3 million or $1.24 a share, from $54.2 million, or $1.19 a share, in the same period a year ago.
2 Highly Ranked Restaurant Stocks That Can Fulfill Investors' Appetites
Among the Zacks Rank #1 (Strong Buy) list, Brinker International (EAT) and Texas Roadhouse (TXRH) are two retail restaurant stocks that stand out in terms of growth.
Brinker Gears Up For Q4 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Brinker International, Inc. EAT is expected to release earnings results for its fourth quarter, before the opening bell on Wednesday, Aug. 14.
What Analyst Projections for Key Metrics Reveal About Brinker International (EAT) Q4 Earnings
Besides Wall Street's top -and-bottom-line estimates for Brinker International (EAT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Factors Setting the Tone for Brinker's (EAT) Q4 Earnings
Brinker's (EAT) fiscal fourth-quarter performance is likely to have benefited from Chili's performance, development efforts and marketing initiatives.
Why Brinker International (EAT) Dipped More Than Broader Market Today
Brinker International (EAT) closed the most recent trading day at $61.75, moving -1.41% from the previous trading session.
