Bloomin' Brands Inc expected to post earnings of 69 cents a share - Earnings Preview
21/02/2024 13:45
* Bloomin' Brands Inc BLMN.OQ BLMN.O is expected to show
a
rise in quarterly revenue when it reports results on February
23 for the period ending December 31 2023
* The Tampa Florida-based company is expected to report a
9.4% increase in revenue to $1.198 billion from $1.1 billion a
year ago, according to the mean estimate from 12 analysts, based
on LSEG data. (Sales is on Total Revenue basis)
* LSEG's mean analyst estimate for Bloomin' Brands Inc is
for
earnings of 69 cents per share. The company's EPS guidance on
November 3 2023, for the period ended December 31, was between
$0.64 and $0.74
* 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 $29.00, above its last closing price of $26.89.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.41 0.41 0.44 Beat 6.3
Jun. 30 2023 0.65 0.64 0.74 Beat 15.5
Mar. 31 2023 0.90 0.89 0.98 Beat 10.1
Dec. 31 2022 0.63 0.64 0.68 Beat 6.5
Sep. 0.33 0.34 0.35 Beat 3.6
30 2022
Jun. 30 2022 0.61 0.61 0.68 Beat 10.7
Mar. 31 2022 0.75 0.74 0.80 Beat 7.8
Dec. 31 2021 0.52 0.52 0.60 Beat 14.4
This summary was machine generated February 21 at 13:45 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)