Brinker International closed at $172.07, up 2.42%, outperforming the S&P 500 which lost 0.22%. The operator of Chili's Grill & Bar and Maggiano's Little Italy has risen 21.56% over the past month, contrasting with a 5.51% decline in the Retail-Wholesale sector. The company is expected to report earnings per share of $3.08, a 23.69% increase from the prior-year quarter, on revenue of $1.53 billion. Full-year consensus estimates project earnings of $10.75 per share and revenue of $5.81 billion, representing year-over-year growth of 20.79% and 7.89% respectively. Brinker International holds a Zacks Rank of 2, or Buy, and trades at a forward price-to-earnings ratio of 15.63, a discount to its industry average of 20.37.
Brinker International IncArticle highlights strong earnings growth expectations and a favorable valuation discount to industry average.