Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.070-0.120 for the period, compared to the consensus earnings per share estimate of 0.140. Bloomin’ Brands also updated its FY 2026 guidance to 0.970-1.020 EPS.
Bloomin’ Brands Stock Down 6.9%
Shares of NASDAQ:BLMN opened at $9.75 on Friday. 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 has a 50 day moving average price of $9.20 and a two-hundred day moving average price of $7.97. The company has a market capitalization of $834.79 million, a PE ratio of 8.45, a PEG ratio of 2.86 and a beta of 1.30. Bloomin’ Brands has a 52 week low of $5.19 and a 52 week high of $12.63.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last announced its quarterly earnings results on Friday, November 6th. The restaurant operator reported ($0.17) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.07. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The firm had revenue of $944.35 million during the quarter, compared to the consensus estimate of $925.23 million. During the same period last year, the firm earned ($0.03) EPS. The business’s quarterly 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. Analysts forecast that Bloomin’ Brands will post 0.96 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on BLMN. UBS Group upped their target price on Bloomin’ Brands from $9.00 to $11.50 and gave the company a “neutral” rating in a research report on Monday. BMO Capital Markets restated a “market perform” rating and issued a $12.00 price target on shares of Bloomin’ Brands in a report on Thursday, August 6th. JPMorgan Chase & Co. upgraded Bloomin’ Brands from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $6.00 to $13.00 in a research note on Tuesday, September 29th. 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. Finally, Veritas Investment Research set a $13.00 price objective on Bloomin’ Brands in a report on Tuesday, September 29th. Eleven equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.10.
Check Out Our Latest Research Report on BLMN
Key Headlines Impacting Bloomin’ Brands
Here are the key news stories impacting Bloomin’ Brands this week:
- Positive Sentiment: Q3 revenue was $944.4 million, above the $925.2 million consensus and up 1.7% year over year. The adjusted loss of $0.17 per share was also narrower than the expected $0.24 loss. Bloomin’ Brands Q3 Loss Narrower Than Expected, Revenues Rise Y/Y
- Positive Sentiment: Management raised its 2026 EPS outlook to $0.97–$1.02, slightly above the $0.96 analyst consensus, citing continued progress in Outback Steakhouse’s turnaround. Outback Steakhouse Owner Raises Profit Outlook as Chain’s Turnaround Continues
- Negative Sentiment: The Q4 EPS forecast of $0.07–$0.12 fell short of the $0.14 consensus, raising concern about near-term earnings. Reports also pointed to weak traffic and cost pressures on margins, helping explain why the quarterly beat and higher annual outlook did not lift sentiment. 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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