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

Bloomin' Brands

16/02/2023 14:32

* Bloomin' Brands Inc  BLMN.OQ  reported quarterly adjusted
earnings of 68 cents​​ per share for the quarter ended in
December. The mean expectation of thirteen analysts for the
quarter was for earnings of 64 cents per share.
    * Revenue rose 4.6% to $1.10 billion from a year ago;
analysts
expected $1.12 billion. 
    * Bloomin' Brands Inc's reported EPS for the quarter was 61
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Bloomin' Brands Inc shares had risen by 23.7% this
quarter.
    * The company reported quarterly net income of $58.05
million.
    * Wall Street's median 12-month price target for Bloomin'
Brands
Inc is $26.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.64           0.68           Beat
 Sep. 30 2022      0.34           0.35           Beat
 Jun. 30 2022      0.61           0.68           Beat
 Mar. 31 2022      0.74           0.80           Beat