NEW YORK (TheStreet) -- Shares of Brinker International (EAT - Get Report) are down by 2.34% to $57.64 in late morning trading on Tuesday, after the restaurant brand operator reported weaker than expected sales results for the fiscal 2015 third quarter.

The owner, developer, operator, and franchiser of the Chili's Bar and Grill and Maggiano's Little Italy restaurants said its sales for the latest quarter grew year-over-year by 3.3% to $784.2 million, missing the $791 million analysts polled by Thomson Reuters were expecting.

So far today, 1.52 million shares of Brinker International have exchanged hands as compared to its average daily volume of 1.11 million shares.

Despite the company's sales miss Brinker posted adjusted earnings of 94 cents per share, an 11.95% rise from the 2014 third quarter's 84 cents per share. Analysts had forecast for earnings of 93 cents per share. 

"Brinker delivered another solid quarter of double digit EPS growth. We believe our ongoing culinary and technology innovations will drive traffic and help us deliver a differentiated guest experience," company CEO Wyman Roberts said in a statement.

Separately, TheStreet Ratings team rates BRINKER INTL INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate BRINKER INTL INC (EAT) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

You can view the full analysis from the report here: EAT Ratings Report

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