Brinker International (EAT) Increases Despite Market Slip: Here's What You Need to Know

Company Performance - Brinker International (EAT) closed at $66.50, reflecting a +1.96% change from the previous trading day's close, outperforming the S&P 500's daily loss of 1.39% [2] - Over the last month, Brinker International's shares decreased by 4.17%, underperforming the Retail-Wholesale sector's gain of 3.78% and the S&P 500's gain of 4.43% [3] - The upcoming earnings report for Brinker International is projected to show earnings of $1.55 per share, representing year-over-year growth of 11.51%, with a revenue estimate of $1.15 billion, reflecting a 6.53% rise from the same quarter last year [4] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Brinker International indicate shifting business dynamics, with positive revisions suggesting optimism about the company's outlook [5] - The Zacks Rank system, which considers estimate changes, currently rates Brinker International at 2 (Buy), with the consensus EPS estimate moving 1.87% higher over the last 30 days [6][7] - Brinker International's Forward P/E ratio is 14.33, which is a discount compared to the industry average of 18.8, and its PEG ratio is 0.7, compared to the industry average PEG ratio of 1.89 [8] Industry Context - The Retail - Restaurants industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 150, placing it in the bottom 41% of over 250 industries [9]