Brinker International Inc. said its normalized net income for the fiscal second quarter ended Dec. 24, 2014, amounted to 64 cents per share, compared with the S&P Capital IQ consensus estimate of 69 cents per share.
EPS climbed 20.2% year over year from 54 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $41.9 million, a gain of 13.7% from $36.8 million in the year-earlier period.
The normalized profit margin increased to 5.6% from 5.2% in the year-earlier period.
Total revenue rose 5.3% year over year to $742.9 million from $705.7 million, and total operating expenses grew year over year to $669.1 million from $640.1 million.
Reported net income grew on an annual basis to $41.6 million, or 64 cents per share, from $39.8 million, or 58 cents per share.
