Q2 EPS Forecast for Brinker International Cut by Analyst

Brinker International, Inc. (NYSE:EAT) – Zacks Research decreased their Q2 2026 EPS estimates for shares of Brinker International in a report issued on Wednesday, November 12th. Zacks Research analyst Team now anticipates that the restaurant operator will earn $2.49 per share for the quarter, down from their previous forecast of $2.61. The consensus estimate for Brinker International’s current full-year earnings is $8.30 per share. Zacks Research also issued estimates for Brinker International’s Q3 2026 earnings at $2.83 EPS, Q4 2026 earnings at $2.91 EPS, FY2026 earnings at $10.16 EPS, Q1 2027 earnings at $2.08 EPS, Q2 2027 earnings at $3.09 EPS, Q3 2027 earnings at $3.02 EPS, Q4 2027 earnings at $3.45 EPS, FY2027 earnings at $11.64 EPS, Q1 2028 earnings at $2.18 EPS and FY2028 earnings at $12.29 EPS.

Brinker International (NYSE:EAT) last issued its earnings results on Wednesday, October 29th. The restaurant operator reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.17. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. Brinker International had a net margin of 7.94% and a return on equity of 164.66%. The firm’s revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.95 earnings per share. Brinker International has set its FY 2026 guidance at 9.900-10.50 EPS.

A number of other analysts also recently commented on EAT. Evercore ISI upgraded Brinker International from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $190.00 to $210.00 in a research note on Thursday, September 4th. BMO Capital Markets upped their price objective on Brinker International from $150.00 to $170.00 and gave the stock a “market perform” rating in a research report on Thursday, August 14th. Barclays dropped their price objective on shares of Brinker International from $145.00 to $135.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 30th. Citigroup decreased their target price on shares of Brinker International from $156.00 to $144.00 and set a “neutral” rating for the company in a research note on Thursday, October 30th. Finally, Piper Sandler raised their price target on shares of Brinker International from $155.00 to $168.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Brinker International presently has an average rating of “Moderate Buy” and a consensus price target of $165.67.

Brinker International Price Performance

Shares of EAT opened at $113.10 on Thursday. The business’s 50-day moving average is $127.79 and its two-hundred day moving average is $149.42. The company has a market capitalization of $5.03 billion, a P/E ratio of 11.73, a P/E/G ratio of 0.77 and a beta of 1.38. Brinker International has a fifty-two week low of $100.30 and a fifty-two week high of $192.21. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.25 and a current ratio of 0.35.

Hedge Funds Weigh In On Brinker International

Hedge funds have recently made changes to their positions in the company. UBS Group AG increased its position in shares of Brinker International by 155.2% during the third quarter. UBS Group AG now owns 1,464,389 shares of the restaurant operator’s stock worth $185,509,000 after purchasing an additional 890,593 shares in the last quarter. Norges Bank acquired a new stake in Brinker International during the 2nd quarter worth $98,731,000. Alyeska Investment Group L.P. purchased a new stake in shares of Brinker International during the first quarter worth $76,114,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Brinker International by 86.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,091,692 shares of the restaurant operator’s stock worth $196,865,000 after buying an additional 506,087 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its position in shares of Brinker International by 102.0% in the first quarter. Westfield Capital Management Co. LP now owns 995,713 shares of the restaurant operator’s stock valued at $148,411,000 after buying an additional 502,897 shares during the last quarter.

Insider Buying and Selling at Brinker International

In related news, CEO Kevin Hochman sold 44,000 shares of the company’s stock in a transaction dated Wednesday, August 27th. The shares were sold at an average price of $157.82, for a total transaction of $6,944,080.00. Following the completion of the transaction, the chief executive officer owned 212,867 shares in the company, valued at $33,594,669.94. This represents a 17.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Douglas N. Comings sold 16,000 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $156.48, for a total transaction of $2,503,680.00. Following the completion of the transaction, the chief operating officer directly owned 12,951 shares in the company, valued at $2,026,572.48. This represents a 55.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.43% of the company’s stock.

Brinker International Company Profile

Brinker International, Inc, together with its subsidiaries, engages in the ownership, development, operation, and franchising of casual dining restaurants in the United States and internationally. It operates and franchises Chili's Grill & Bar and Maggiano's Little Italy restaurant brands.