Brinker International Inc. Reports 21% Retreat In Q1 Bottom Line

(RTTNews) - Brinker International Inc. (EAT) reported earnings for first quarter that fell compared to the same period last year.

The company said its profit dropped to $27.0 million, or $0.49 per share. This was lower than $34.2 million, or $0.56 per share, in last year's first quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.5% to $758.49 million. This was down from $762.56 million last year.

Brinker International Inc. earnings at a glance:

-Earnings (Q1): $27.0 Mln. vs. $34.2 Mln. last year. -Earnings Decline (Y-o-Y): -21.1% -EPS (Q1): $0.49 vs. $0.56 last year. -EPS Decline (Y-o-Y): -12.5% -Analysts Estimate: $0.55 -Revenue (Q1): $758.49 Mln vs. $762.56 Mln last year. -Revenue Change (Y-o-Y): -0.5%