Brinker International Draws Heavy Investor Search as Estimates Point to 27.5% Earnings Growth

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Summary · why it matters

Brinker International has become one of the most searched-for stocks on Zacks.com, with the operator of Chili's Grill & Bar and Maggiano's Little Italy drawing investor attention after its shares returned -21.1% over the past month versus the Zacks S&P 500 composite's +1.3% change. The Zacks Retail - Restaurants industry, to which Brinker International belongs, lost 10.9% over the same period. Brinker International is expected to post earnings of $2.46 per share for the current quarter, a year-over-year change of +27.5%, with the Zacks Consensus Estimate up +1.8% over the last 30 days, while the consensus earnings estimate of $13 for the current fiscal year indicates a year-over-year change of +21% and has moved -1.8% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $14.12 indicates a change of +8.7%, up +1.3% over the past month, and the consensus sales estimate for the current quarter of $1.45 billion indicates a year-over-year change of +7.3%, with current and next fiscal year estimates of $6.28 billion and $6.47 billion indicating +8.1% and +3% changes, respectively. Brinker International reported revenues of $1.54 billion in the last reported quarter, a year-over-year change of +5.1%, with EPS of $3.07 versus $2.49 a year ago, a revenue surprise of +0.39% against the Zacks Consensus Estimate of $1.53 billion and an EPS surprise of 0%. The stock carries a Zacks Rank #3 (Hold) and a Zacks Value Style Score of B, indicating it is trading at a discount to its peers.

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Consumer Discretionary▲ · 1 stocks
Brinker International Inc
EAT
± MixedCapitalrelevance

Article reports Brinker's earnings/sales estimates and Zacks Rank, but no company-specific development; the -21.1% share move and estimate data are mixed context.