Brinker International EPS Estimates Climb 7.5% to $2.86, Revenue Forecast at $1.48B
Brinker International’s Q2 consensus EPS is $2.86 (+7.5% year-over-year), while fiscal-year and next-year estimates rose to $10.66 (+19.8%) and $12.30 (+15.4%), respectively. Revenue forecasts are $1.48 billion (+3.9%) for the quarter and $5.81 billion (+7.9%) for the year, supporting a Zacks Rank #1 strong-buy.
1. Earnings Estimate Revisions
Brinker International’s consensus EPS for the current quarter stands at $2.86, reflecting a 7.5% increase from the year-ago period. Analysts have boosted fiscal-year earnings to $10.66 (+19.8%) and next-year estimates to $12.30 (+15.4%) over the past 30 days.
2. Revenue Growth Projections
The company is projected to generate $1.48 billion in revenue this quarter, up 3.9% year-over-year, with full-year revenue expected at $5.81 billion (+7.9%) and $6.11 billion (+5.2%) in the following fiscal year.
3. Recent Results and Surprises
In the most recent quarter, Brinker reported revenues of $1.45 billion (+6.9% year-over-year) and EPS of $2.87, surpassing consensus by 3.4% on revenue and 13.4% on earnings, marking its fourth consecutive EPS beat.
4. Valuation and Stock Rating
Brinker holds a Value Style Score of B, indicating a discount to peers, and has earned a Zacks Rank #1 (Strong Buy) based on the magnitude of recent earnings estimate revisions and other proprietary factors.