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

Bloomin' Brands

28/04/2023 14:30

* Bloomin' Brands Inc  BLMN.OQ  reported quarterly adjusted
earnings of 98 cents​​ per share for the quarter ended in March.
The mean expectation of twelve analysts for the quarter was
for earnings of 89 cents per share.
    * Revenue rose 9.1% to $1.24 billion from a year ago;
analysts
expected $1.22 billion. 
    * Bloomin' Brands Inc's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Bloomin' Brands Inc shares had fallen by 8.1% this
quarter and
gained 17.1% so far this year.
    * The company reported quarterly net income of $91.31
million.
    * Wall Street's median 12-month price target for Bloomin'
Brands
Inc is $30.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.89           0.98           Beat
 Dec. 31 2022      0.64           0.68           Beat
 Sep. 30 2022      0.34           0.35           Beat
 Jun. 30 2022      0.61           0.68           Beat