Skip to main content

Brinker International: Fiscal Q3 Earnings Snapshot

DALLAS (AP) — DALLAS (AP) — Brinker International Inc. (EAT) on Wednesday reported fiscal third-quarter net income of $127.9 million.

The Dallas-based company said it had profit of $2.87 per share. Earnings, adjusted for non-recurring costs, were $2.90 per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.85 per share.

The operator of restaurant chains Chili’s Grill & Bar and Maggiano’s Little Italy posted revenue of $1.47 billion in the period, missing Street forecasts. Eight analysts surveyed by Zacks expected $1.48 billion.

Brinker International expects full-year earnings in the range of $10.60 to $10.85 per share, with revenue in the range of $5.78 billion to $5.82 billion.

_____

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

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
Read Next Story