Brinker International Slumps to 315th in Trading Volume Ranking Despite Strong Q3 Earnings

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 30, 2025 8:00 pm ET1min read
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On April 30, 2025, Brinker InternationalEAT-- (EAT) experienced a significant decline, with its trading volume dropping by 68.94% to $342 million, placing it at the 315th position in the day's stock market rankings. The company's stock price fell by 1.89%, marking the second consecutive day of decline, with a total decrease of 16.41% over the past two days.

Brinker International reported strong financial results for the third quarter of fiscal year 2025. The company's adjusted earnings per share (EPS) reached $2.66, surpassing the consensus estimate of $2.48. Additionally, net income expanded by 144% to $119.1 million, compared to $48.7 million in the previous year. Revenue for the period increased by 27.2% to $1.425 billion from $1.120 billion last year.

Brinker International also raised its fiscal year 2025 guidance, projecting annual revenues between $5.33 billion and $5.35 billion, and adjusted diluted EPS of $8.50 to $8.75. The company's capital expenditure is expected to be between $265 million and $275 million. Management remains optimistic about the company's performance and outlook.

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