Brinker International (EAT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Brinker International (EAT) reported $1.14 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 12.5%. EPS of $0.95 for the same period compares to $0.28 a year ago.The reported revenue represents a surprise of +4.09% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $0.69, the EPS surprise was +37.68%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Brinker International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Comparable store sales - Chili's - YoY change: 14.1% versus the nine-analyst average estimate of 9.9%. Comparable store sales - Maggiano's - YoY change: 4.2% compared to the 2.1% average estimate based on eight analysts. Franchise restaurants - Total: 455 versus 444 estimated by eight analysts on average. Company owned restaurants - Total: 1,170 versus 1,171 estimated by eight analysts on average. Total Revenue- Company Restaurant Sales: $1.13 billion versus the nine-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +12.5%. Franchise and other revenues: $11.70 million versus $10.30 million estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change. Revenue- Company sales- Chili's: $1.02 billion versus the four-analyst average estimate of $962.64 million. The reported number represents a year-over-year change of +13.5%. Revenue- Company sales- Maggiano's: $108.40 million versus $106.86 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +4% change. Franchise revenues- Chili?s: $11.50 million versus $10.72 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.7% change. Total Revenue- Chili's: $1.03 billion versus the three-analyst average estimate of $974.60 million. The reported number represents a year-over-year change of +13.5%. Franchise revenues- Maggiano's: $0.20 million versus $0.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a 0% change. Total Revenue- Maggiano's: $108.60 million versus $106.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +4% change. View all Key Company Metrics for Brinker International here>>>Shares of Brinker International have returned +23.2% over the past month versus the Zacks S&P 500 composite's +1.8% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Brinker International, Inc. (EAT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks