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Unveiling Brinker International (EAT) Q4 Outlook: Wall Street Estimates for Key Metrics
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Wall Street analysts expect Brinker International (EAT - Free Report) to post quarterly earnings of $3.07 per share in its upcoming report, which indicates a year-over-year increase of 23.3%. Revenues are expected to be $1.53 billion, up 4.6% from the year-ago quarter.
The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Brinker International metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Company sales' reaching $1.52 billion. The estimate suggests a change of +5% year over year.
The consensus among analysts is that 'Revenue- Franchise and other revenues' will reach $14.40 million. The estimate suggests a change of +10.8% year over year.
Analysts expect 'Revenue- Company sales- Chili's' to come in at $1.40 billion. The estimate indicates a change of +5.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Company sales- Maggiano's' will likely reach $118.55 million. The estimate points to a change of -2.9% from the year-ago quarter.
Analysts predict that the 'Total restaurants - Brinker International' will reach 1,635 . The estimate is in contrast to the year-ago figure of 1,628 .
The average prediction of analysts places 'Comparable Restaurant Sales - Chili's - YoY change' at 5.4%. Compared to the current estimate, the company reported 23.7% in the same quarter of the previous year.
The consensus estimate for 'Company owned restaurants - Total' stands at 1,162 . The estimate compares to the year-ago value of 1,162 .
Analysts forecast 'Comparable Restaurant Sales - Company - owned' to reach 4.9%. Compared to the current estimate, the company reported 21.3% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Company owned restaurants - Maggiano's - Domestic locations' should come in at 48 . Compared to the present estimate, the company reported 49 in the same quarter last year.
Based on the collective assessment of analysts, 'Franchise restaurants - Chili's - International' should arrive at 369 . Compared to the current estimate, the company reported 364 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Franchise restaurants - Total' of 472 . The estimate compares to the year-ago value of 466 .
It is projected by analysts that the 'Company owned restaurants - Chili's' will reach 1,114 . The estimate is in contrast to the year-ago figure of 1,113 .
Over the past month, shares of Brinker International have returned +25.8% versus the Zacks S&P 500 composite's +2.3% change. Currently, EAT carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unveiling Brinker International (EAT) Q4 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts expect Brinker International (EAT - Free Report) to post quarterly earnings of $3.07 per share in its upcoming report, which indicates a year-over-year increase of 23.3%. Revenues are expected to be $1.53 billion, up 4.6% from the year-ago quarter.
The current level reflects an upward revision of 0.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
Bearing this in mind, let's now explore the average estimates of specific Brinker International metrics that are commonly monitored and projected by Wall Street analysts.
Analysts' assessment points toward 'Revenue- Company sales' reaching $1.52 billion. The estimate suggests a change of +5% year over year.
The consensus among analysts is that 'Revenue- Franchise and other revenues' will reach $14.40 million. The estimate suggests a change of +10.8% year over year.
Analysts expect 'Revenue- Company sales- Chili's' to come in at $1.40 billion. The estimate indicates a change of +5.7% from the prior-year quarter.
The combined assessment of analysts suggests that 'Revenue- Company sales- Maggiano's' will likely reach $118.55 million. The estimate points to a change of -2.9% from the year-ago quarter.
Analysts predict that the 'Total restaurants - Brinker International' will reach 1,635 . The estimate is in contrast to the year-ago figure of 1,628 .
The average prediction of analysts places 'Comparable Restaurant Sales - Chili's - YoY change' at 5.4%. Compared to the current estimate, the company reported 23.7% in the same quarter of the previous year.
The consensus estimate for 'Company owned restaurants - Total' stands at 1,162 . The estimate compares to the year-ago value of 1,162 .
Analysts forecast 'Comparable Restaurant Sales - Company - owned' to reach 4.9%. Compared to the current estimate, the company reported 21.3% in the same quarter of the previous year.
According to the collective judgment of analysts, 'Company owned restaurants - Maggiano's - Domestic locations' should come in at 48 . Compared to the present estimate, the company reported 49 in the same quarter last year.
Based on the collective assessment of analysts, 'Franchise restaurants - Chili's - International' should arrive at 369 . Compared to the current estimate, the company reported 364 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Franchise restaurants - Total' of 472 . The estimate compares to the year-ago value of 466 .
It is projected by analysts that the 'Company owned restaurants - Chili's' will reach 1,114 . The estimate is in contrast to the year-ago figure of 1,113 .
View all Key Company Metrics for Brinker International here>>>Over the past month, shares of Brinker International have returned +25.8% versus the Zacks S&P 500 composite's +2.3% change. Currently, EAT carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .