Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.750-0.900 for the period, compared to the consensus estimate of 0.830. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q1 2026 guidance to 0.570-0.620 EPS.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group raised shares of Bloomin’ Brands from a “sell” rating to a “neutral” rating and set a $7.00 target price for the company in a research note on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a research report on Monday, December 29th. Zacks Research upgraded shares of Bloomin’ Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th. Loop Capital set a $10.00 target price on shares of Bloomin’ Brands in a research note on Tuesday, December 16th. Finally, Citigroup raised their price target on shares of Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a report on Thursday. Eight equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Bloomin’ Brands presently has an average rating of “Reduce” and an average target price of $8.44.
View Our Latest Research Report on BLMN
Bloomin’ Brands Stock Down 1.5%
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.01. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 25.55%. The business had revenue of $975.22 million for the quarter, compared to analysts’ expectations of $980.64 million. During the same period in the previous year, the company earned $0.38 earnings per share. The firm’s revenue for the quarter was up .3% compared to the same quarter last year. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. Equities analysts predict that Bloomin’ Brands will post 1.8 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its stake in Bloomin’ Brands by 83,825.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock valued at $29,000 after purchasing an additional 3,353 shares during the last quarter. Quarry LP acquired a new position in Bloomin’ Brands in the fourth quarter valued at approximately $25,000. PNC Financial Services Group Inc. grew its stake 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 period. Kemnay Advisory Services Inc. purchased a new position in shares of Bloomin’ Brands during the 4th quarter valued at approximately $62,000. Finally, Lazard Asset Management LLC boosted its holdings in Bloomin’ Brands by 178.1% during the second quarter. Lazard Asset Management LLC now owns 10,378 shares of the restaurant operator’s stock worth $88,000 after buying an additional 6,646 shares in the last quarter.
Bloomin’ Brands Company Profile
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.
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