Brinker International (NYSE:EAT) Releases FY 2027 Earnings Guidance

Brinker International (NYSE:EAT) issued an update on its FY 2027 earnings guidance on Friday. The company provided EPS guidance of 13.300-13.900 for the period, compared to the consensus EPS estimate of 13.260. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.3 billion.

Brinker International Trading Down 2.6%

Shares of EAT stock traded down $5.79 during mid-day trading on Friday, reaching $214.11. 148,574 shares of the stock traded hands, compared to its average volume of 1,202,832. The stock’s fifty day simple moving average is $209.85 and its two-hundred day simple moving average is $174.36. Brinker International has a 1-year low of $100.30 and a 1-year high of $254.99. The company has a quick ratio of 0.40, a current ratio of 0.34 and a debt-to-equity ratio of 1.13. The company has a market cap of $8.94 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 1.20 and a beta of 1.25.

Brinker International (NYSE:EAT) last posted its quarterly earnings data on Wednesday, October 28th. The restaurant operator reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.45 by $0.32. Brinker International had a return on equity of 125.65% and a net margin of 8.44%. The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same period in the prior year, the business posted $2.17 earnings per share. Brinker International’s quarterly revenue was up 9.4% on a year-over-year basis. On average, research analysts anticipate that Brinker International will post 13.44 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on EAT shares. Northcoast Research upgraded shares of Brinker International from a “neutral” rating to a “buy” rating and set a $275.00 price target for the company in a report on Tuesday, September 22nd. Jefferies Financial Group upgraded shares of Brinker International from a “hold” rating to a “buy” rating and increased their price objective for the stock from $230.00 to $255.00 in a research report on Wednesday, October 14th. Piper Sandler boosted their target price on shares of Brinker International from $166.00 to $240.00 and gave the company a “neutral” rating in a report on Monday, August 17th. Mizuho upped their price target on shares of Brinker International from $175.00 to $275.00 and gave the company an “outperform” rating in a research report on Thursday, August 13th. Finally, Morgan Stanley increased their price target on Brinker International from $260.00 to $262.00 and gave the stock an “overweight” rating in a report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $249.80.

Insider Transactions at Brinker International

In related news, EVP Michaela M. Ware sold 3,030 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $233.48, for a total value of $707,444.40. Following the transaction, the executive vice president directly owned 17,494 shares in the company, valued at $4,084,499.12. This trade represents a 14.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James C. Katzman sold 650 shares of Brinker International stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $220.09, for a total transaction of $143,058.50. Following the completion of the sale, the director directly owned 25,094 shares of the company’s stock, valued at approximately $5,522,938.46. The trade was a 2.52% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 173,694 shares of company stock valued at $41,568,690. 1.18% of the stock is owned by insiders.

More Brinker International News

Here are the key news stories impacting Brinker International this week:

• Positive Sentiment: Brinker reported fiscal Q1 adjusted EPS of $2.77, well above analyst estimates of approximately $2.45-$2.49, while revenue of $1.48 billion also exceeded expectations. Revenue increased 9.4% year over year, with Chili’s traffic and profitability described as key drivers. Brinker International Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: The company raised its fiscal 2027 adjusted EPS outlook to $13.30-$13.90, ahead of the roughly $13.26-$13.28 consensus range. The upbeat outlook reinforces expectations that Chili’s operating momentum can continue. Brinker International Advances on Strong Q1 Results and Raised Outlook
• Positive Sentiment: Several analysts raised their price targets following the results. Wells Fargo moved to $285, Citigroup to $277, Morgan Stanley to $262, KeyCorp to $258, Robert W. Baird to $280, and TD Cowen to $270; ratings remain bullish, including buy, overweight, and outperform recommendations. Stephens reaffirmed an overweight rating with a $300 target.
• Neutral Sentiment: Management projected fiscal 2027 revenue of $6.2 billion-$6.3 billion. Although the range supports continued growth, its midpoint is slightly below the $6.3 billion consensus estimate, creating a modest potential concern relative to the stronger EPS outlook.
• Negative Sentiment: After a substantial rise following the earnings release, some investors may be taking profits. That selling pressure can weigh on EAT even though quarterly results, Chili’s trends, analyst sentiment, and full-year EPS guidance remain favorable.

About Brinker International

Brinker International, Inc is a casual-dining restaurant company that owns, operates and franchises restaurants in the United States and select international markets. The company is headquartered in Dallas, Texas, and serves customers through company-operated and franchised locations.

Brinker’s principal brands are Chili’s Grill & Bar and Maggiano’s Little Italy. Chili’s offers a broad menu of burgers, steaks, ribs, fajitas, Tex-Mex dishes, salads and beverages in a full-service, casual setting.