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EAT
Benzinga
201 days

Brinker International Analysts Boost Their Forecasts After Upbeat Q2 Results

1. EAT reported Q2 adjusted EPS of $2.80, exceeding estimates. 2. Quarterly sales reached $1.358 billion, surpassing the consensus of $1.240 billion. 3. Chili's sales comps grew 31%, attracting new and returning guests. 4. FY25 revenues expected between $5.15 billion and $5.25 billion, above estimates. 5. Analysts raised price targets for Brinker following strong earnings.

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FAQ

Why Very Bullish?

The significant EPS and revenue beats indicate strong operational performance, similar to past earnings surprises leading to price increases.

How important is it?

Earnings performance directly influences stock valuation, hence it's crucial for EAT.

Why Short Term?

The immediate impact from earnings results usually affects stock prices in the short term.

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