Brinker International Analysts Boost Their Forecasts Following Upbeat Q4 Results
Brinker International, Inc. (NYSE:EAT) reported better-than-expected fourth-quarter EPS and sales results and raised FY2026 guidance above estimates.
The company reported fourth-quarter adjusted earnings per share of $2.49, beating the analyst consensus estimate of $2.45. Quarterly sales of $1.462 billion (+21% year over year) outpaced the Street view of $1.437 billion.
"We now have delivered a Q4 2 year sales growth of +39% and 3-year of +45%. With that sustained momentum along with a strong pipeline of initiatives, we are confident in our ability to grow sales and traffic throughout Fiscal 2026," said Kevin Hochman, President & CEO of Brinker International.
Brinker International projects fiscal year 2026 adjusted EPS of $9.90 to $10.50, above the $8.84 consensus estimate. The company expects sales of $5.6 billion to $5.7 billion, topping the $5.36 billion forecast.
Brinker shares rose 1.1% to trade at $159.12 on Thursday.
These analysts made changes to their price targets on Brinker following earnings announcement.
- Barclays analyst Jeffrey Bernstein maintained Brinker International with an Equal-Weight rating and raised the price target from $166 to $170.
- BMO Capital analyst Andrew Strelzik maintained Brinker International with a Market Perform and raised the price target from $150 to $170.
- Evercore ISI Group analyst David Palmer maintained the stock with an In-Line rating and raised the price target from $180 to $190.
- UBS analyst Dennis Geiger maintained Brinker with a Neutral and raised the price target from $155 to $165.
- Piper Sandler analyst Nicole Miller Regan maintained Brinker with a Neutral and raised the price target from $155 to $168.
- B of A Securities analyst Katherine Griffin maintained the stock with a Neutral and raised the price target from $186 to $190.
- Morgan Stanley analyst John Glass maintained Brinker with an Equal-Weight rating and raised the price target from $149 to $161.
Considering buying EAT stock? Here’s what analysts think:
Read This Next:
- Top 2 Tech & Telecom Stocks That May Fall Off A Cliff In Q3
Photo via Shutterstock
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10