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BLMN — Bloomin' Brands News Story

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Bloomin' Brands Inc reports results for the quarter ended December 31 - Earnings Summary

Bloomin' Brands Inc BLMN.OQ reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 75 cents.  The mean expectation of thirteen analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 25 cents to 45 cents per share.

Revenue fell 18.6% to $972.02 million from a year ago; analysts expected $1.08 billion.

Bloomin' Brands Inc's reported EPS for the quarter was a loss of 93 cents​.

The company reported a quarterly loss of $79.46 million.

Bloomin' Brands Inc shares had fallen by 2.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

The average consensus recommendation for the restaurants & bars peer group is also "hold"

Wall Street's median 12-month price target for Bloomin' Brands Inc is $14.50

This summary was machine generated from LSEG data February 26 at 02:25 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.360.38Beat
Sep. 30 20240.200.21Beat
Jun. 30 20240.580.51Missed
Mar. 31 20240.740.70Missed

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