Brinker International: Fiscal Q2 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal second-quarter net income of $118.5 million.

On a per-share basis, the Dallas-based company said it had profit of $2.61. Earnings, adjusted for one-time gains and costs, came to $2.80 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share.

The operator of restaurant chains Chili’s Grill & Bar and Maggiano’s Little Italy posted revenue of $1.36 billion in the period, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $1.24 billion.

Brinker International expects full-year earnings in the range of $7.50 to $8 per share, with revenue in the range of $5.15 billion to $5.25 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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