Bloomin’ Brands (NASDAQ:BLMN) Updates FY 2026 Earnings Guidance

Posted by Francis Steltz on Aug 6th, 2026

Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.900-1.000 for the period, compared to the consensus estimate of 0.880. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q3 2026 guidance to -0.270–0.220 EPS.

Bloomin’ Brands Stock Down 8.6%

NASDAQ:BLMN traded down $1.02 during mid-day trading on Thursday, hitting $10.82. 2,229,213 shares of the company’s stock traded hands, compared to its average volume of 2,576,322. The company has a fifty day moving average of $8.33 and a 200 day moving average of $7.17. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. Bloomin’ Brands has a twelve month low of $5.19 and a twelve month high of $12.63. The company has a market capitalization of $926.73 million, a P/E ratio of 43.23, a P/E/G ratio of 7.11 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1 billion. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The company’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.32 earnings per share. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. On average, analysts forecast that Bloomin’ Brands will post 0.86 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on BLMN shares. BMO Capital Markets reissued a “market perform” rating and issued a $12.00 price objective on shares of Bloomin’ Brands in a report on Thursday. Sanford C. Bernstein set a $9.00 price objective on Bloomin’ Brands in a research note on Thursday, May 7th. UBS Group upped their target price on Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. The Goldman Sachs Group lifted their price target on Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. lowered Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price objective on the stock. in a research report on Friday, April 24th. Eight analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Bloomin’ Brands presently has an average rating of “Reduce” and an average price target of $9.53.

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Bloomin’ Brands News Roundup

Here are the key news stories impacting Bloomin’ Brands this week:

Positive Sentiment: Bloomin’ Brands reported second-quarter adjusted EPS of $0.39, exceeding the approximately $0.28–$0.29 analyst consensus, while revenue of $1.02 billion also topped expectations of about $1.00 billion. EPS increased from $0.32 a year earlier and revenue rose 1.3%. Bloomin’ Brands Announces 2026 Q2 Financial Results
Positive Sentiment: The company raised its fiscal 2026 EPS outlook to $0.90–$1.00, above its previous view and slightly ahead of the roughly $0.88 consensus. Management cited progress in the Outback turnaround, improved margins and stronger sales. Bloomin’ Brands rallies as Q2 results beat expectations and raises FY26 profit outlook
Positive Sentiment: Higher average customer check sizes, including demand for pricier steaks at Outback, helped support profitability and the improved forecast. Bloomin’ Brands Raises Earnings View on Higher Profit and Check Size
Neutral Sentiment: The strong results triggered a substantial prior-session rally, increasing the possibility that investors are taking profits or viewing the improved outlook as already priced into BLMN. Bloomin’ Brands Following Q2 Earnings and Guidance Lift
Negative Sentiment: Third-quarter EPS guidance of negative $0.27 to negative $0.22 is below the consensus estimate of negative $0.19, raising concerns about near-term earnings pressure despite the higher full-year outlook.

Institutional Investors Weigh In On Bloomin’ Brands

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP acquired a new stake in shares of Bloomin’ Brands in the fourth quarter valued at $25,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of Bloomin’ Brands by 83,825.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock worth $29,000 after buying an additional 3,353 shares during the period. PNC Financial Services Group Inc. lifted its position in shares of Bloomin’ Brands by 44.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after purchasing an additional 1,662 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of Bloomin’ Brands during the 4th quarter worth about $62,000. Finally, Hsbc Holdings PLC purchased a new position in shares of Bloomin’ Brands in the 4th quarter valued at about $72,000.

Bloomin’ Brands Company Profile

(Get Free Report)

Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.