NEW YORK (TheStreet) -- Brinker International (EAT - Get Report) stock is down by 4.30% to $56.79 in mid-morning trading on Thursday, following disappointing earnings results for its fourth quarter and fiscal year 2015.
The company reported earnings of 94 cents per share on revenue of $764.15 million for the quarter ended June 24.
Analysts surveyed by Thomson Reuters had estimated for earnings of 96 cents per share on revenue of $785 million for the fiscal fourth quarter.
For fiscal 2015, Brinker reported earnings of $3.09 per share on revenue of $3 billion.
The company was expected to post earnings of $3.10 per share on revenue of $3.02 billion for the year.
Brinker's comparable store sales were down 0.7% for the fourth quarter, but rose 1.7% for the full year 2015.
Additionally, the company anticipates earnings of $3.55 to $3.65 per share and a 12% to 14% rise in revenue for fiscal 2016.
Next year Brinker will be "focused on implementing our differentiated culinary point of view and enhancing our digital guest experience, which are key components of our plan to drive fiscal 2016 sales and traffic," 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 several positive factors, 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, solid stock price performance, growth in earnings per share and increase in net income. We feel its strengths outweigh the fact that the company shows weak operating cash flow."
You can view the full analysis from the report here: EAT Ratings ReportEAT data by YCharts