Bloomin' Brands Inc expected to post earnings of 58 cents a share - Earnings Preview
02/08/2024 18:53
* Bloomin' Brands Inc BLMN.OQ BLMN.O is expected to show
a
fall in quarterly revenue when it reports results on August 6
for the period ending June 30 2024
* The Tampa Florida-based company is expected to report a
2.2% decrease in revenue to $1.127 billion from $1.15 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data.
* LSEG's mean analyst estimate for Bloomin' Brands Inc is
for
earnings of 58 cents per share. The company's EPS guidance on
May 7 2024, for the period ended June 30, was between $0.55 and
$0.60
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Bloomin'
Brands
Inc is $26.00, above its last closing price of $20.05.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.74 0.74 0.70 Missed -5.9
Dec. 31 2024 0.69 0.69 0.75 Beat 8.7
Sep. 30 2023 0.41 0.41 0.44 Beat 6.3
Jan. 1 0001 0.65 0.64 0.74 Beat 15.5
Mar. 0.90 0.89 0.98 Beat 10.1
31 2023
Dec. 31 2022 0.63 0.64 0.68 Beat 6.5
Sep. 30 2022 0.33 0.34 0.35 Beat 3.6
Jun. 30 2022 0.61 0.61 0.68 Beat 10.7
This summary was machine generated August 2 at 17:52 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)