=Brinker (EAT) reported 4Q earnings on Wed 20 Jan 2016 (before open)

** charts before earnings **



** charts after earnings **

Brinker beats by $0.03, misses on revs; reaffirms FY16 EPS guidance :

• Reports Q2 (Dec) earnings of $0.78 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus of $0.75; revenues rose 6.2% year/year to $788.6 mln vs the $799.3 mln Capital IQ Consensus. 
• Comps fell 1.6%.
  • Chili's company-owned comparable restaurant sales decreased 2.8% Maggiano's comparable restaurant sales decreased 1.8% Chili's franchise comparable restaurant sales increased 0.9% which includes a 2.6% increase for international franchise restaurants, partially offset by a 0.1% decrease for U.S. franchise restaurants
• Restaurant operating margin declined ~30 bps to 16.1%.
• Co reaffirms guidance for FY16, sees EPS of $3.55-3.65, excluding non-recurring items, vs. $3.57 Capital IQ Consensus Estimate.