Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Italian restaurant curates seasonal offerings alongside dine-in and carryout meals to treat Mom DALLAS, May 6, 2024 /PRNewswire/ -- Just in time for one of its busiest days of the year, Maggiano's Little Italy® is introducing May's new seasonal features and celebrating Moms across the country with Mother's Day chef-curated menus for dine-in and carryout. As a restaurant focused on bringing loved ones together, Maggiano's is the perfect choice to treat Mom to a special meal. Maggiano's Litte Italy May Fea ...

Key PointsBrinker International operates over 1,600 Chili’s Grill and Bar and Maggiano’s Little Italy restaurants.Brinker sponsored NASCAR driver Corey LaJoi’s car during the Daytona 500 with every general manager’s name on the hood.Brinker beats fiscal Q3 2024 EPS by 9 cents and raised full-year 2024 EPS forecasts for $3.80 to $4.00, beating $3.69 consensus estimates.5 stocks we like better than Brinker InternationalShares of restaurant operator Brinker International Inc. NYSE: EAT surged to 52-week highs ...

Brinker International (EAT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy is driving estimates higher, which should get reflected in its stock price. After all, empirical research ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phase ...

Brinker International, Inc. (EAT) reported stellar third-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. During the quarter, the company’s performance was backed by sustained advancements in enhancing the guest experience, effective marketing strategies and traffic-driving initiatives. Following the results, the stock moved up 7.9% during trading hours on Apr 30.Earnings & Revenue DiscussionIn the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 27, 2024 Commission File Number 1-10275 BRINKER INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) DE 75-1914582 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 3000 Olympus Blvd 75019 DallasTX (Address of principal executive off ...

Mika Ware - VP, Finance, IR & Restaurant Development Kevin Hochman - President, CEO & Director Joseph Taylor - EVP & CFO Mika Ware Kevin Hochman Brinker International, Inc. (NYSE:EAT) Q3 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Operator And I think that's why you're seeing all income demographics grow because I think everybody wants great value and great service. So that's what I can tell you right now. I think we're going to learn more as we continue to tokenize our data, and we're going to ...

For the quarter ended March 2024, Brinker International (EAT) reported revenue of $1.12 billion, up 3.4% over the same period last year. EPS came in at $1.24, compared to $1.23 in the year-ago quarter.The reported revenue represents a surprise of +0.15% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +7.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Brinker International (EAT) came out with quarterly earnings of $1.24 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.83%. A quarter ago, it was expected that this operator of restaurant chains Chili's Grill & Bar and Maggiano's Little Italy would post earnings of $0.94 per share when it actually produced earnings of $0.99, ...