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Brinker International: Fiscal Q4 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal fourth-quarter net income of $131.1 million.

On a per-share basis, the Dallas-based company said it had net income of $2.99. Earnings, adjusted for non-recurring costs, were $3.07 per share.

The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of $3.07 per share.

The operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy posted revenue of $1.54 billion in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.53 billion.

For the year, the company reported profit of $487 million, or $10.87 per share. Revenue was reported as $5.81 billion.

Brinker International expects full-year earnings in the range of $12.60 to $13.40 per share, with revenue in the range of $6.15 billion to $6.27 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EAT at https://www.zacks.com/ap/EAT

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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