Brinker International Reports First Quarter Results
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RBC Capital Cuts Price Target on Brinker International (EAT) to $54; Reiterates Sector Perform
October 26, 2016 7:49 AM EDTRBC Capital maintained a Sector Perform rating on Brinker International (NYSE: EAT), and cut the price target to $54.00 (from $55.00), following the company's 1Q earnings report. RBC cut F17 and FY18 EPS estimates from $3.44 and $3.86 to $3.38 and $3.81, respectively, based on slowing SSS trends and unclear... More
Brinker International (EAT) Misses Q1 EPS by 6c; Comps Show Surprise Drop
October 25, 2016 7:17 AM EDTBrinker International (NYSE: EAT) reported Q1 EPS of $0.49, $0.06 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $758.5 million versus the consensus estimate of $772.63 million.
Comps fell 1.1 percent, versus an expected increase of 0.2 percent.
Chili's company-owned comparable restaurant sales decreased 1.4... More