Bloomin' Brands Inc expected to post earnings of 74 cents a share - Earnings Preview
03/05/2024 14:50
* Bloomin' Brands Inc BLMN.OQ BLMN.O is expected to show
a
fall in quarterly revenue when it reports results on May 7 for
the period ending March 31 2024
* The Tampa Florida-based company is expected to report a
3.8% decrease in revenue to $1.197 billion from $1.24 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 74 cents per share. The company's EPS guidance on
February 23 2024, for the period ended March 31, was between
$0.70 and $0.75
* 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 had risen by
about 0.4%
in the last three months.
* Wall Street's median 12-month price target for Bloomin'
Brands
Inc is $30.00, above its last closing price of $25.09.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.69 0.69 0.75 Beat 8.7
Sep. 30 2023 0.41 0.41 0.44 Beat 6.3
Jun. 30 2023 0.65 0.64 0.74 Beat 15.5
Jan. 1 0001 0.90 0.89 0.98 Beat 10.1
Dec. 0.63 0.64 0.68 Beat 6.5
31 2022
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. 31 2022 0.75 0.74 0.80 Beat 7.8
This summary was machine generated May 3 at 13:50 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)