Q2 EPS Forecast for Brinker International Reduced by Analyst

Brinker International, Inc. (NYSE:EAT) – Stock analysts at Zacks Research dropped their Q2 2028 earnings estimates for shares of Brinker International in a note issued to investors on Tuesday, March 24th. Zacks Research analyst Team now anticipates that the restaurant operator will post earnings per share of $3.24 for the quarter, down from their previous forecast of $3.30. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share.

Brinker International (NYSE:EAT) last announced its quarterly earnings results on Wednesday, January 28th. The restaurant operator reported $2.87 earnings per share for the quarter, beating analysts’ consensus estimates of $2.53 by $0.34. Brinker International had a net margin of 7.98% and a return on equity of 134.92%. The firm had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the company earned $2.80 earnings per share. Brinker International’s quarterly revenue was up 6.9% compared to the same quarter last year. Brinker International has set its FY 2026 guidance at 1.045-10.850 EPS.

A number of other analysts have also recently issued reports on EAT. Wells Fargo & Company upped their target price on Brinker International from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. Wolfe Research started coverage on Brinker International in a research report on Monday, March 9th. They set an “outperform” rating and a $184.00 price target on the stock. Wall Street Zen cut Brinker International from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Barclays increased their price objective on Brinker International from $166.00 to $170.00 and gave the company an “equal weight” rating in a report on Thursday, January 29th. Finally, UBS Group raised their target price on shares of Brinker International from $175.00 to $190.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. Thirteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $186.61.

Brinker International Stock Down 6.3%

EAT opened at $137.88 on Thursday. Brinker International has a one year low of $100.30 and a one year high of $187.12. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.31 and a current ratio of 0.36. The stock has a market capitalization of $6.00 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 1.04 and a beta of 1.34. The business’s 50-day simple moving average is $151.93 and its 200-day simple moving average is $142.07.

Institutional Investors Weigh In On Brinker International

Several hedge funds have recently modified their holdings of EAT. Meeder Asset Management Inc. raised its holdings in Brinker International by 56.3% during the third quarter. Meeder Asset Management Inc. now owns 22,580 shares of the restaurant operator’s stock worth $2,860,000 after purchasing an additional 8,137 shares in the last quarter. Aquatic Capital Management LLC lifted its position in Brinker International by 48.3% in the third quarter. Aquatic Capital Management LLC now owns 101,282 shares of the restaurant operator’s stock valued at $12,830,000 after purchasing an additional 32,991 shares during the period. Y Intercept Hong Kong Ltd boosted its holdings in Brinker International by 87.7% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 23,023 shares of the restaurant operator’s stock valued at $2,917,000 after purchasing an additional 10,754 shares in the last quarter. Navellier & Associates Inc. boosted its holdings in Brinker International by 25.6% in the 3rd quarter. Navellier & Associates Inc. now owns 18,491 shares of the restaurant operator’s stock valued at $2,342,000 after purchasing an additional 3,771 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd increased its position in Brinker International by 53.8% during the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 41,823 shares of the restaurant operator’s stock worth $5,298,000 after purchasing an additional 14,622 shares during the period.

Insider Transactions at Brinker International

In other Brinker International news, EVP Aaron M. White sold 7,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $165.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the executive vice president directly owned 42,756 shares of the company’s stock, valued at $7,054,740. This represents a 14.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin Hochman sold 66,000 shares of the stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $160.31, for a total value of $10,580,460.00. Following the sale, the chief executive officer directly owned 129,824 shares of the company’s stock, valued at $20,812,085.44. The trade was a 33.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 97,678 shares of company stock worth $15,700,372 over the last three months. 1.43% of the stock is currently owned by company insiders.

About Brinker International

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.