Brinker International Inc. said its normalized net income for the fiscal second quarter ended Dec. 23, 2015, was 71 cents per share, compared with the S&P Capital IQ consensus estimate of 75 cents per share.
EPS increased 10.3% year over year from 64 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $42.6 million, a gain from $41.9 million in the year-earlier period.
The normalized profit margin declined to 5.4% from 5.6% in the year-earlier period.
Total revenue increased 6.2% on an annual basis to $788.6 million from $742.9 million, and total operating expenses grew 6.6% from the prior-year period to $713.1 million from $669.1 million.
Reported net income grew 15.3% on an annual basis to $47.9 million, or 80 cents per share, from $41.6 million, or 64 cents per share.