Brinker International Inc. Reveals 24% Fall In Q1 Bottom Line

(RTTNews) - Brinker International Inc. (EAT) reported earnings for first quarter that decreased from last year.

The company said its bottom line came in at $20.4 million, or $0.42 per share. This was down from $27.0 million, or $0.49 per share, in last year's first quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.5% to $739.39 million. This was down from $758.49 million last year.

Brinker International Inc. earnings at a glance:

-Earnings (Q1): $20.4 Mln. vs. $27.0 Mln. last year. -Earnings Decline (Y-o-Y): -24.4% -EPS (Q1): $0.42 vs. $0.49 last year. -EPS Decline (Y-o-Y): -14.3% -Analysts Estimate: $0.42 -Revenue (Q1): $739.39 Mln vs. $758.49 Mln last year. -Revenue Change (Y-o-Y): -2.5%