Bloomin’ Brands (NASDAQ:BLMN) Issues Q3 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) updated its third quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of -0.270–0.220 for the period, compared to the consensus estimate of -0.190. The company issued revenue guidance of -. Bloomin’ Brands also updated its FY 2026 guidance to 0.900-1.000 EPS.

Wall Street Analyst Weigh In

A number of research firms recently commented on BLMN. The Goldman Sachs Group increased their price objective on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Sanford C. Bernstein set a $9.00 target price on shares of Bloomin’ Brands in a research note on Thursday, May 7th. UBS Group boosted their target price on shares of Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. lowered shares of Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target on the stock. in a research note on Friday, April 24th. Finally, Barclays raised their price target on shares of Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Six research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $8.53.

Bloomin’ Brands Stock Performance

Shares of NASDAQ BLMN opened at $8.92 on Wednesday. The business’s 50-day simple moving average is $8.26 and its 200-day simple moving average is $7.14. 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 52 week low of $5.19 and a 52 week high of $9.27. The firm has a market cap of $763.64 million, a price-to-earnings ratio of 35.68, a P/E/G ratio of 7.21 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN) last posted its earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.10. The firm had revenue of $1.02 billion during 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%.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. As a group, equities research analysts expect that Bloomin’ Brands will post 0.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Bloomin’ Brands

A number of hedge funds 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 about $25,000. Northwestern Mutual Wealth Management Co. boosted its stake in Bloomin’ Brands by 83,825.0% during the 2nd 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 period. PNC Financial Services Group Inc. grew its holdings in Bloomin’ Brands by 44.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock valued at $34,000 after buying an additional 1,662 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Bloomin’ Brands in the 4th quarter worth approximately $62,000. Finally, Hsbc Holdings PLC acquired a new position in shares of Bloomin’ Brands during the fourth quarter worth approximately $72,000.

About Bloomin’ Brands

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.