Bloomin' Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Bloomin' Brands Inc reports results for the quarter ended June 30 - Earnings Summary
Bloomin' Brands Inc BLMN.OQ reported quarterly adjusted earnings of 39 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 33 cents. The mean expectation of twelve analysts for the quarter was for earnings of 29 cents per share. Wall Street expected results to range from 25 cents to 31 cents per share.
Revenue rose 1.3% to $1.02 billion from a year ago; analysts expected $1.00 billion.
Bloomin' Brands Inc's reported EPS for the quarter was 37 cents.
The company reported quarterly net income of $31.34 million.
Bloomin' Brands Inc shares had fallen by 2.4% this quarter and gained 44.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.3% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 8 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Bloomin' Brands Inc is $8.38, about 6.5% below its last closing price of $8.92
This summary was machine generated from LSEG data August 5 at 01:30 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.29 | 0.39 | Beat |
Mar. 31 2026 | 0.57 | 0.67 | Beat |
Dec. 31 2025 | 0.25 | 0.25 | Met |
Sep. 30 2025 | -0.12 | -0.03 | Beat |