Bloomin' Brands Inc expected to post earnings of 89  cents a share - Earnings Preview

Bloomin' Brands

26/04/2023 18:44

* Bloomin' Brands Inc  BLMN.OQ   BLMN.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 28. 
    * The Tampa Florida-based  company is expected to report  a
6.9% increase in revenue to $1.219 billion from $1.14 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Bloomin' Brands Inc
is
for earnings of 89 cents per share. The company's EPS guidance
on February 16 2023, for the period ended March 31, was between
$0.85 and $0.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.9%
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 $23.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  0.75        0.74       0.80      Beat    7.8
 ​​Dec.        0.52        0.52       0.60      Beat    14.4
 31 2021                                                
 Sep. 30 2021  0.55        0.56       0.57      Beat    2​
 Jun. 30 2021  0.67        0.68       0.81      Beat    19.9
 Mar. 31 2021  0.32        0.32       0.72      Beat    125
 This summary was machine generated April 26 at 17:44 GMT.  All
figures in US dollars  unless otherwise stated