DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Tuesday reported fiscal third-quarter earnings of $48.7 million. The…
DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Tuesday reported fiscal third-quarter earnings of $48.7 million.
The Dallas-based company said it had profit of $1.08 per share. Earnings, adjusted for non-recurring costs, were $1.24 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.
The operator of restaurant chains Chili’s Grill & Bar and Maggiano’s Little Italy posted revenue of $1.12 billion in the period, meeting Street forecasts.
Brinker International expects full-year earnings in the range of $3.80 to $4 per share, with revenue in the range of $4.33 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
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