Bloomin' Brands (BLMN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.53%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.75 per share when it actually produced earnings of $0.70, delivering a surprise ...

NEWS Exhibit 99.1 Tara Kurian VP, Corporate Finance and Investor Relations (813) 830-5311 Bloomin' Brands Announces 2024 Q2 Financial Results Q2 Diluted EPS of $0.32 and Q2 Adjusted Diluted EPS of $0.51 Updates Full Year 2024 Guidance TAMPA, Fla., August 6, 2024 - Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2024 ("Q2 2024") compared to the second quarter 2023 ("Q2 2023"). CEO Comments "In the second quarter, the casual dining industry was softer than anticipated," said ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Bloomin' Brands (BLMN) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. O ...

On Wall Street, the allure of high-growth small-cap stocks is undeniable. The potential for explosive returns can be a powerful motivator for investors seeking to outperform the market. These smaller companies, typically valued under $2 billion, have the ability to disrupt established markets. However, with this potential comes greater risk. Unlike their large-cap counterparts, small-cap stocks can be more volatile and susceptible to market fluctuations. In early May, BLMN reported mixed first-quarter 2024 ...

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Bloomin’ Brands, Inc. (NASDAQ:BLMN) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations David Deno - Chief Executive Officer Michael Healy - Chief Financial Officer and Executive Vice President, Global Business Development Conference Call Participants Jeffrey Bernstein - Barclays Capital LLC Alexander Slagle - Jefferies Group LLC John Ivankoe - JPMorgan Chase & Co. Sharon Zackfia - William Blair & Company, LLC ...

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.68 per share when it actually produced earnings of $0.75, delivering a surprise o ...

Bloomin' Brands Announces 2024 Q1 Financial Results Q1 Diluted EPS of $(0.96) and Q1 Adjusted Diluted EPS of $0.70 Retired $83.6M of Convertible Notes "The first quarter was a solid start to the year, as sales and profit met our expectations," said David Deno, CEO. "After a slower start, sales trends strengthened throughout the quarter. Our sales performance is well ahead of the casual dining industry as our marketing and operations initiatives are paying off, especially at Outback." ___________________ (1) ...

In its upcoming report, Bloomin' Brands (BLMN) is predicted by Wall Street analysts to post quarterly earnings of $0.75 per share, reflecting a decline of 23.5% compared to the same period last year. Revenues are forecasted to be $1.2 billion, representing a year-over-year decrease of 3.5%.The current level reflects a downward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Key PointsBloomin' Brands cleared a cup-with-handle base, with recent price momentum supported by higher-than-average trading volume.Activist Investor Starboard Value took a significant stake in the company and named two board members.The recent rally followed the company's announcement that it would close 41 underperforming locations, with plans to open as many new locations this year. 5 stocks we like better than Bloomin' BrandsBloomin’ Brands Inc. NASDAQ: BLMN is among the latest in a series of companies ...