On Monday, Shares of Brinker International, Inc. (NYSE: EAT) showed the bullish trend with a higher momentum of 1.42% and ended its trading session at $49.16. The company traded total volume of 678.27K shares as contrast to its average volume of 1.36M shares. The company has a market value of $2.09B and about 42.48M shares outstanding. During the 52-week trading session, the minimum price at which share price traded was registered at $29.50 and reached the max level of $54.14.
Brinker International Inc. (EAT) stated fiscal third-quarter profit of $46.90M. The Dallas-based company said it had net income of $1.02 per share. Earnings, adjusted for non-recurring costs, came to $1.08 per share. The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The operator of restaurant chains Chili’s Grill & Bar and Maggiano’s Little Italy posted revenue of $812.50M in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $802.20M.
The Company offered net profit margin of 4.20% while its gross profit margin was 17.70%. ROE was recorded as -24.20% while beta factor was 0.02. The stock, as of recent close, has shown the weekly downbeat performance of -0.14% which was maintained at 26.57% in this year.