According to a group of market experts surveyed by Zacks Research, Brinker International, Inc. (NYSE:EAT) is projected to report earnings of $1.25 for its recent quarter. The company plans to release its quarterly report on or around 2017-01-18. It should be noted that the market estimates released by Zacks, and that of Thomson Reuters may differ as the firms poll different set of brokers. Both the institutional and retail investors will closely analyze the earnings estimates before the release.
Brinker International, Inc. posted earnings of $0.49 per share for three-month period ended on 2016-09-30. The announced EPS has a negative surprise factor of -10.91% as the numbers came below the analysts estimates by $-0.06. The company will face the pressure to perform in line, with the Street estimates.
Analyst Price Forecast
The brokerage firms covering the company’s stock has pegged one-year price target of $52.9. The estimates so assigned by the Zacks group reflects the consensus view of 10 brokerage entities, who participated in the poll. The lower and upper price target of the stock varies from $47 to $60 respectively. The standard deviation of all price targets is $4.067. The revenue surprise factor in per share dollar terms was $-20.98 for the last quarter or -2.69%.
Zacks has assigned average brokerage rating of 2.64 for Brinker International, Inc. stock against the rating of 2.64 a quarter earlier.
A sentiment score of 0 has been allotted by Alpha One to Brinker International, Inc. (NYSE:EAT) depending on the news published for the day. Also, Alpha One gives a daily impact score to company’s stock on a scale of 1-100, which highlights the extent of movement in stock price by over 1% due to the news. As of now, the impact score of Brinker International, Inc. (NYSE:EAT) stands at 100 for the day.
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