Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share guidance of 0.970-1.020 for the period, compared to the consensus EPS estimate of 0.960. Bloomin’ Brands also updated its Q4 2026 guidance to 0.070-0.120 EPS.
Bloomin’ Brands Stock Down 3.9%
Bloomin’ Brands stock traded down $0.41 during trading on Friday, reaching $10.06. 723,867 shares of the company’s stock were exchanged, compared to its average volume of 2,505,424. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $12.63. The firm has a market cap of $861.77 million, a price-to-earnings ratio of 32.40, a PEG ratio of 2.87 and a beta of 1.30. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. The company’s 50-day moving average is $9.21 and its two-hundred day moving average is $7.96.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last issued its earnings results on Friday, November 6th. The restaurant operator reported ($0.17) earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.07. Bloomin’ Brands had a return on equity of 28.95% and a net margin of 0.70%. The company had revenue of $944.35 million during the quarter, compared to the consensus estimate of $925.23 million. During the same quarter in the prior year, the business earned ($0.03) earnings per share. The company’s revenue was up 1.7% compared to the same quarter last year. Bloomin’ Brands has set its FY 2026 guidance at 0.970-1.020 EPS and its Q4 2026 guidance at 0.070-0.120 EPS. On average, analysts predict that Bloomin’ Brands will post 0.96 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on BLMN shares. Citigroup reduced their price target on Bloomin’ Brands from $12.75 to $12.25 and set a “neutral” rating on the stock in a research report on Friday, October 23rd. Morgan Stanley increased their price objective on shares of Bloomin’ Brands from $8.00 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, August 6th. Piper Sandler lifted their price objective on shares of Bloomin’ Brands from $9.00 to $12.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. BMO Capital Markets reiterated a “market perform” rating and set a $12.00 price objective on shares of Bloomin’ Brands in a research note on Thursday, August 6th. Finally, Zacks Research cut shares of Bloomin’ Brands from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 16th. Eleven research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $11.10.
Check Out Our Latest Report on Bloomin’ Brands
Key Bloomin’ Brands News
Here are the key news stories impacting Bloomin’ Brands this week:
- Positive Sentiment: For Q3 2026, Bloomin’ Brands reported an adjusted loss of $0.17 per share, narrower than the $0.24 loss analysts expected. Revenue also topped estimates—about $944 million versus a consensus of roughly $925 million—and increased 1.7% year over year. Article: Bloomin’ Brands Reports Q3 Loss, Tops Revenue Estimates
- Positive Sentiment: The company raised its full-year profit outlook and said its Outback Steakhouse turnaround is progressing. Outback guest scores have improved year over year for five consecutive quarters. Article: Outback Steakhouse Owner Raises Profit Outlook
- Negative Sentiment: Investor sentiment was weighed down by continued traffic weakness and a softer Q4 outlook, tempering the earnings beat and higher full-year forecast. Article: Weak Holiday-Quarter Outlook Spoils the Party
About Bloomin’ Brands
Bloomin’ Brands, Inc is a restaurant company that owns, operates and franchises a portfolio of casual dining and upscale restaurant concepts. Its principal brands include Outback Steakhouse, known for steaks and other Australian-inspired dishes; Carrabba’s Italian Grill, which serves Italian-American cuisine; Bonefish Grill, focused on seafood and contemporary dishes; and Fleming’s Prime Steakhouse & Wine Bar.
The company’s restaurants offer a range of dine-in, takeout, delivery and catering services, with menus generally centered on full-service meals, specialty beverages and hospitality-oriented dining experiences.
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