Bloomin' Brands Inc expected to post earnings of 64  cents a share - Earnings Preview

Bloomin' Brands

28/07/2023 16:09

* Bloomin' Brands Inc  BLMN.OQ   BLMN.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 1. 
    * The Tampa Florida-based  company is expected to report  a
2.3% increase in revenue to $1.152 billion from $1.13 billion a
year ago, according to the mean estimate from 9 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bloomin' Brands Inc
is
for earnings of 64 cents per share. The company's EPS guidance
on April 28 2023, for the period ended June 30, was between
$0.62 and $0.67 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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 $30​, above​ its last closing price of $27.63. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.90        0.89       0.98      Beat    10.1
 Dec. 31 2023  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
 ​​Mar.        0.75        0.74       0.80      Beat    7.8
 31 2022                                                
 Dec. 31 2021  0.52        0.52       0.60      Beat    14.4​
 Sep. 30 2021  0.55        0.56       0.57      Beat    2
 Jun. 30 2021  0.67        0.68       0.81      Beat    19.9
 This summary was machine generated July 28 at 15:09 GMT.  All
figures in US dollars  unless otherwise stated