DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal fourth-quarter earnings of $57.3 million.
The Dallas-based company said it had net income of $1.24 per share. Earnings, adjusted for non-recurring costs, were $1.61 per share.
The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.65 per share.
The operator of restaurant chains Chili’s Grill & Bar and Maggiano’s Little Italy posted revenue of $1.21 billion in the period, exceeding Street forecasts. Eight analysts surveyed by Zacks expected $1.16 billion.
For the year, the company reported profit of $155.3 million, or $3.40 per share. Revenue was reported as $4.42 billion.
Brinker International expects full-year earnings in the range of $4.35 to $4.75 per share, with revenue in the range of $4.55 billion to $4.62 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
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