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Why Brinker International Stock Soared in January

TheMotleyFool 
0 0 06.02.25
Why Brinker International Stock Soared in JanuaryPhoto, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png
 

Shares of Brinker International (NYSE: EAT) rose by a mouthwatering 37.6% in January, according to data from S&P Global Market Intelligence. The company behind the popular restaurant chains Chili's and Maggiano's Little Italy delivered an earnings report strong enough to boost other restaurant stocks that day.

Brinker reported second-quarter results on Jan. 29, and it was a blowout performance.

Earnings more than doubled year over year, landing at $2.80 per share. Revenues rose 27% to $1.36 billion. Your average analyst firm would have settled for earnings of roughly $1.56 per share on sales near $1.19 billion.

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Source Fool.com

Brinker International Inc. Stock

€199.85
1.320%
Brinker International Inc. gained 1.320% today.
The stock is an absolute favorite of our community with 37 Buy predictions and no Sell predictions.
On the other hand, the target price of 187 € is below the current price of 199.85 € for Brinker International Inc., so the potential is actually -6.43%.
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