Brinker International Inc (NYSE:EAT) reported fourth-quarter FY21 sales growth of 79% year-on-year, to $1.009 billion, marginally ahead of the consensus of…
Shares of Brinker International (NYSE:EAT) moved higher by 0.2% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 290.91% year over year to $1.68, which missed the estimate of $1.71.
Brinker International (NYSE:EAT) reported quarterly earnings of $1.68 per share which missed the analyst consensus estimate of $1.71 by 1.75 percent. This is a 290.91 percent increase over losses of $(0.88) per share
Shares of Brinker International (NYSE:EAT) saw some unusual options activity on Monday. Following the unusual option alert, the stock price moved up to $58.65.
Wedbush Securities analysts expect post-COVID-19 growth to outpace pre-pandemic growth rates, resulting in bullish sentiment on shares of Brinker International, Inc. (NYSE: EAT).