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

Brinker International (NYSE:EAT) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 12.600-13.400 for the period, compared to the consensus estimate of 12.470. The company issued revenue guidance of $6.2 billion-$6.3 billion, compared to the consensus revenue estimate of $6.1 billion.

Brinker International Trading Down 2.6%

EAT opened at $239.50 on Friday. The stock has a market capitalization of $10.27 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.41 and a beta of 1.24. The company has a current ratio of 0.40, a quick ratio of 0.35 and a debt-to-equity ratio of 1.05. Brinker International has a 12 month low of $100.30 and a 12 month high of $253.71. The firm’s fifty day simple moving average is $185.01 and its 200 day simple moving average is $160.19.

Brinker International (NYSE:EAT) last released its earnings results on Wednesday, August 12th. The restaurant operator reported $3.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.09 by ($0.02). Brinker International had a return on equity of 127.82% and a net margin of 8.39%.The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. During the same quarter last year, the company posted $2.30 EPS. Brinker International’s revenue for the quarter was up 5.1% on a year-over-year basis. Brinker International has set its FY 2027 guidance at 12.600-13.400 EPS. As a group, research analysts anticipate that Brinker International will post 12.84 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on EAT shares. Weiss Ratings upgraded Brinker International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Citigroup boosted their target price on Brinker International from $227.00 to $282.00 and gave the company a “buy” rating in a research note on Thursday. Morgan Stanley upped their price target on Brinker International from $207.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday. Stephens raised their price target on shares of Brinker International from $220.00 to $300.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Wells Fargo & Company lifted their price objective on shares of Brinker International from $220.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $228.45.

Brinker International News Roundup

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

• Positive Sentiment: Strong Chili’s performance: Fiscal fourth-quarter revenue rose 5.1% year over year to $1.54 billion, exceeding expectations, while EPS increased from $2.30 to $3.07. Growth was driven by higher Chili’s sales and traffic, expanding margins and the popularity of its new chicken-sandwich offerings. Brinker Q4 Earnings Meet Estimates, Revenues Beat on Chili’s Growth
• Positive Sentiment: Above-consensus 2027 outlook: Brinker forecast fiscal 2027 EPS of $12.60–$13.40 and revenue of $6.2–$6.3 billion, above analysts’ estimates of $12.47 EPS and approximately $6.1 billion in revenue. Management also identified takeout and digital ordering as important areas for future growth. Chili’s Parent Wants a Bigger Slice of Fast Food’s Digital Business
• Positive Sentiment: Broad analyst optimism: Stephens raised its target to $300, Citi to $282, Wells Fargo to $280, KeyCorp to $275, Mizuho to $275, TD Cowen to $270, and Morgan Stanley to $250. Most firms maintained bullish ratings, reinforcing expectations that Brinker’s earnings momentum can continue. These Analysts Boost Their Forecasts On Brinker Following Q4 Earnings
• Neutral Sentiment: CEO Kevin Hochman’s interview with Jim Cramer highlighted brand strength, consumer trends and the company’s growth strategy, potentially supporting investor confidence. Brinker International CEO Kevin Hochman Sits Down With Jim Cramer
• Negative Sentiment: EPS of $3.07 was slightly below the reported consensus estimate of $3.09, creating a modest quarterly earnings miss. BMO Capital raised its target to $230 but retained a market-perform rating, below the stock’s recent trading level.

Institutional Trading of Brinker International

Several institutional investors and hedge funds have recently added to or reduced their stakes in EAT. Caitong International Asset Management Co. Ltd bought a new position in Brinker International during the third quarter worth about $25,000. Transamerica Financial Advisors LLC raised its stake in Brinker International by 570.4% in the fourth quarter. Transamerica Financial Advisors LLC now owns 181 shares of the restaurant operator’s stock valued at $26,000 after buying an additional 154 shares during the period. Allworth Financial LP raised its stake in Brinker International by 58.5% in the third quarter. Allworth Financial LP now owns 225 shares of the restaurant operator’s stock valued at $28,000 after buying an additional 83 shares during the period. Global Retirement Partners LLC lifted its position in shares of Brinker International by 1,233.3% in the fourth quarter. Global Retirement Partners LLC now owns 360 shares of the restaurant operator’s stock valued at $52,000 after buying an additional 333 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Brinker International by 52.2% in the third quarter. Quarry LP now owns 615 shares of the restaurant operator’s stock valued at $78,000 after buying an additional 211 shares during the last quarter.

About Brinker International

Brinker International, Inc (NYSE: EAT) is a leading global operator of casual dining restaurants. The company’s portfolio is anchored by its flagship Chili’s® Grill & Bar concept and Maggiano’s® Little Italy full‐service restaurants, offering a range of American‐style menu items, handcrafted cocktails and family‐friendly dining experiences. Through dine‐in, takeout, delivery and catering services, Brinker seeks to meet consumer preferences across multiple channels.

The Chili’s brand features signature items such as baby back ribs, burgers and fajitas alongside a rotating selection of limited‐time offerings and seasonal beverages.