Brinker (EAT) Stock Down After Q4 Earnings Lag Estimates
EATBrinker International(EAT) ZACKS·2024-08-14 23:06

Brinker International, Inc. (EAT) reported mixed fourth-quarter fiscal 2024 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same.However, the top and the bottom lines increased on a year-over-year basis. Following the mixed results, the stock declined 12% in the pre-market trading session on Aug 14.Earnings & Revenue DiscussionIn the quarter under review, Brinker reported adjusted earnings per share (EPS) of 1.61,missingtheZacksConsensusEstimateof1.61, missing the Zacks Consensus Estimate of 1.65. The compa ...