Brinker International (NYSE: EAT) is expected to report Q4 earnings on Aug. 9. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Brinker International's revenues will improve 2.3% and EPS will increase 20.8%.
The average estimate for revenue is $734.0 million. On the bottom line, the average EPS estimate is $0.58.
Revenue details
Last quarter, Brinker International chalked up revenue of $742.0 million. GAAP reported sales were 3.5% higher than the prior-year quarter's $717.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at $0.60. GAAP EPS of $0.56 for Q3 were 24% higher than the prior-year quarter's $0.45 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 18.7%, 40 basis points better than the prior-year quarter. Operating margin was 9.3%, 50 basis points better than the prior-year quarter. Net margin was 6.1%, 50 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.83 billion. The average EPS estimate is $1.94.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Brinker International is hold, with an average price target of $27.40.
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