Brinker International: Fiscal Q1 Earnings Snapshot
DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal first-quarter earnings of $7.2 million.
DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal first-quarter earnings of $7.2 million.
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On a per-share basis, the Dallas-based company said it had net income of 16 cents. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.
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The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy posted revenue of $1.01 billion in the period, matching Street forecasts.
Brinker International expects full-year earnings in the range of $3.35 to $3.65 per share, with revenue in the range of $4.27 billion to $4.35 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EAT at https://www.zacks.com/ap/EAT