Brinker International Up 3.9% Since Its Previous Earnings Release

EAT should release its 3Q15 earnings on April 21. YTD, the stock increased 3.9% as of April 14 and has increased ~1% since its previous earnings release.

Adam Jones - Author

Apr. 16 2015, Published 10:55 a.m. ET

uploads///EAT Daily Stock Movement

Brinker International has increased 3.9%

So far in this series, we have covered expectations for Brinker International’s (EAT) same-store sales, unit growth, EBITDA (or earnings before interest, tax, depreciation, and amortization), and management changes in this series.

EAT is expected to release its third quarter 2015 earnings on April 21, 2015. Year-to-date, the stock increased 3.9% as of April 14 and has increased about 1% since its previous earnings release.

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Wall Street analysts’ estimate highlights

Below are the key highlights from the Wall Street analysts for Brinker International’s upcoming earnings:

  • Revenues are estimated to come in at $791 million.
  • EBITDA is expected to be $129 million, with an EBITDA margin of 16%.
  • Net income adjusted is estimated to come in at $60 million, giving an EPS (earnings per share) of $0.93.
  • Analysts also estimate same-store sales growth of 2.3% in 3Q15.

We will publish a post-earnings release report, so please check back after Brinker International’s earnings release. We will also release earnings reports on McDonald’s (MCD), Starbucks (SBUX), and Chipotle Mexican Grill (CMG).

Restaurant stocks fall under the consumer discretionary sector and are components of exchange-traded funds (or ETFs) like the Consumer Discretionary Select Sector SPDR Fund (XLY). XLY holds 1% of CMG stock.

Further reading

To learn more about the restaurant industry, please refer to How’s Dunkin’ Brands Doing with Donuts and Ice Cream? and Minimum Wage an Ongoing Concern for the Restaurant Sector.


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