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Top Wall Street Forecasters Revamp Brinker International Expectations Ahead Of Q4 Earnings

1. Brinker International set to report Q4 earnings on August 13. 2. Analysts predict earnings per share at $2.47, up from $1.61. 3. Projected revenue for Q4 is $1.44 billion, up from $1.21 billion. 4. Shares rose 1.8% to $154.88 on the day before earnings. 5. Recent price targets raised by various analysts reflect positive outlook.

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FAQ

Why Bullish?

Historically, strong earnings projections positively influence stock performance. For example, following similar earnings results, EAT saw significant stock appreciation.

How important is it?

Analysts project a significant increase in earnings, which is likely to impact share price positively.

Why Short Term?

Upcoming earnings report may lead to immediate market reactions. Quick changes are generally observed after earnings announcements.

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