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Brinker International, Inc. (NYSE:EAT ) Q1 2025 Earnings Conference Call October 30, 2024 9:00 AM ET Company Participants Kim Sanders – Vice President of Investor Relations Kevin Hochman – President and Chief Executive Officer Mika Ware – Chief Financial Officer Conference Call Participants Jeff Farmer – Gordon Haskett Chris O'Cull – Stifel Dennis Geiger – UBS David Palmer – Evercore ISI Brian Vaccaro – Raymond James Jeffrey Bernstein – Barclays Andrew Strelzik – BMO John Ivankoe – JP Morgan Alex Slagle – Jefferies Katherine Griffin – Bank of America Eric Gonzalez – KeyBanc Jim Sanderson – Northcoast Research Operator Good day, and welcome to Brinker's First Quarter Fiscal Year 2025 Earnings Call. At this time, all participants have been placed on a listen-only mode.
EAT's first-quarter fiscal 2025 top line reflects favorable comparable restaurant sales driven by menu pricing, higher traffic and a favorable menu item mix.
While the top- and bottom-line numbers for Brinker International (EAT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Brinker International (EAT) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.28 per share a year ago.
Get a deeper insight into the potential performance of Brinker International (EAT) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Wedbush lifted its price target on Brinker International Inc (NYSE:EAT) to $95 from $68 ahead of the company's fiscal first-quarter earnings report, which is due out before the open on Wednesday, Oct. 30.
In the latest trading session, Brinker International (EAT) closed at $94.32, marking a +1.5% move from the previous day.
Brinker International (EAT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Brinker International (EAT) possesses solid growth attributes, which could help it handily outperform the market.
Does Brinker International (EAT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Here is how Brinker International (EAT) and Next PLC (NXGPY) have performed compared to their sector so far this year.