Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) 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.
Analyst Ratings Changes
Several research analysts recently weighed in on BLMN shares. Weiss Ratings raised shares of Bloomin’ Brands from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, October 14th. UBS Group raised their price target on shares of Bloomin’ Brands from $9.00 to $11.50 and gave the stock a “neutral” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $11.00 price target on shares of Bloomin’ Brands in a report on Thursday, August 6th. Zacks Research downgraded shares of Bloomin’ Brands from a “strong-buy” rating to a “hold” rating in a report on Friday, October 16th. Finally, Citigroup cut their price objective on shares of Bloomin’ Brands from $12.75 to $12.25 and set a “neutral” rating for the company in a research report on Friday, October 23rd. Eleven analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.10.
Check Out Our Latest Stock Analysis on BLMN
Bloomin’ Brands Trading Down 3.9%
Shares of BLMN traded down $0.41 during mid-day trading on Friday, reaching $10.06. The company had a trading volume of 723,867 shares, compared to its average volume of 2,505,424. Bloomin’ Brands has a fifty-two week low of $5.19 and a fifty-two week high of $12.63. The firm has a fifty day simple moving average of $9.21 and a 200-day simple moving average of $7.96. The stock has a market cap of $861.77 million, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.87 and a beta of 1.30. The company has a current ratio of 0.25, a quick ratio of 0.18 and a debt-to-equity ratio of 1.62.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last released its quarterly earnings data on Friday, November 6th. The restaurant operator reported ($0.17) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.07. The business had revenue of $944.35 million during the quarter, compared to the consensus estimate of $925.23 million. Bloomin’ Brands had a return on equity of 28.95% and a net margin of 0.70%. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.03) EPS. 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, sell-side analysts anticipate that Bloomin’ Brands will post 0.96 EPS for the current fiscal year.
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
Bloomin’ Brands Company Profile
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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