Bloomin’ Brands (BLMN) Projected to Announce Earnings on Wednesday

Bloomin’ Brands (NASDAQ:BLMN) will likely be posting its Q2 2026 results before the market opens on Wednesday, August 5th. Analysts expect the company to post earnings of $0.28 per share and revenue of $1.0015 billion for the quarter. Bloomin’ Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:00 AM ET.

Bloomin’ Brands (NASDAQ:BLMN) last issued its quarterly earnings data on Wednesday, May 6th. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.10. The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Bloomin’ Brands had a net margin of 0.55% and a return on equity of 28.00%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.59 EPS. On average, analysts expect Bloomin’ Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bloomin’ Brands Trading Up 0.7%

NASDAQ:BLMN opened at $8.60 on Wednesday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. The firm has a market cap of $736.28 million, a price-to-earnings ratio of 34.40, a price-to-earnings-growth ratio of 6.81 and a beta of 1.21. Bloomin’ Brands has a 52 week low of $5.19 and a 52 week high of $9.94. The firm has a 50-day moving average price of $8.15 and a two-hundred day moving average price of $7.09.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. downgraded Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 target price on the stock. in a research note on Friday, April 24th. The Goldman Sachs Group increased 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. Barclays lifted their price target on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Sanford C. Bernstein set a $9.00 price objective on Bloomin’ Brands in a research report on Thursday, May 7th. Finally, UBS Group upped their price objective on Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Six research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $8.53.

Institutional Investors Weigh In On Bloomin’ Brands

Large investors have recently added to or reduced their stakes in the company. State Street Corp raised its stake in Bloomin’ Brands by 1.8% in the 4th quarter. State Street Corp now owns 3,400,106 shares of the restaurant operator’s stock valued at $20,979,000 after acquiring an additional 58,722 shares during the period. Millennium Management LLC boosted its position in Bloomin’ Brands by 69.9% during the third quarter. Millennium Management LLC now owns 2,590,098 shares of the restaurant operator’s stock worth $18,571,000 after purchasing an additional 1,065,842 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Bloomin’ Brands by 12.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,409,123 shares of the restaurant operator’s stock worth $14,864,000 after purchasing an additional 269,746 shares in the last quarter. Federated Hermes Inc. raised its position in shares of Bloomin’ Brands by 115.9% in the fourth quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock valued at $12,741,000 after purchasing an additional 1,108,500 shares during the period. Finally, Geode Capital Management LLC raised its position in shares of Bloomin’ Brands by 12.4% in the fourth quarter. Geode Capital Management LLC now owns 1,940,257 shares of the restaurant operator’s stock valued at $11,973,000 after purchasing an additional 213,932 shares during the period.

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.