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

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

Bloomin’ Brands Stock Up 33.6%

Bloomin’ Brands stock traded up $3.00 during trading on Wednesday, reaching $11.91. 8,148,982 shares of the company’s stock were exchanged, compared to its average volume of 2,559,863. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $12.63. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 7.21 and a beta of 1.22. 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 company’s 50-day moving average is $8.26 and its two-hundred day moving average is $7.14.

Bloomin’ Brands (NASDAQ:BLMN) last issued its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a return on equity of 28.00% and a net margin of 0.55%.The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the firm posted $0.32 earnings per share. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. 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. On average, analysts predict that Bloomin’ Brands will post 0.86 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have issued reports on BLMN shares. Sanford C. Bernstein set a $9.00 price objective on shares of Bloomin’ Brands in a research report on Thursday, May 7th. Citigroup dropped their price target on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Wall Street Zen cut shares of Bloomin’ Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Weiss Ratings raised Bloomin’ Brands from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, June 15th. Finally, The Goldman Sachs Group boosted their price target on Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Six equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $8.53.

Key Bloomin’ Brands News

Here are the key news stories impacting Bloomin’ Brands this week:

• Positive Sentiment: Q2 adjusted EPS was $0.39, above the $0.29 analyst consensus and up from $0.32 a year ago. Revenue reached $1.02 billion, topping the roughly $1.00 billion estimate and increasing 1.3% year over year. Bloomin’ Brands quarterly earnings results
• Positive Sentiment: Management cited stronger profit margins and higher average customer check sizes, while continuing its Outback turnaround and focusing on food quality, service, experience and affordability. Bloomin’ Brands Raises Earnings View on Higher Profit, Check Size
• Positive Sentiment: Full-year 2026 EPS guidance was raised to $0.90–$1.00, above the previous consensus estimate of $0.88. The improved forecast is the primary catalyst behind the positive investor reaction. Bloomin’ Brands Announces 2026 Q2 Financial Results
• Neutral Sentiment: Key operating metrics generally supported the earnings beat, but relatively modest revenue growth indicates that much of the improvement came from pricing, check size and profitability rather than significant traffic expansion. Bloomin’ Brands Q2 Key Metrics
• Negative Sentiment: Third-quarter EPS guidance of negative $0.27 to negative $0.22 is weaker than the consensus estimate of negative $0.19, signaling near-term seasonal or operating pressure despite the stronger full-year outlook.

Institutional Trading of Bloomin’ Brands

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Bloomin’ Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator’s stock worth $29,000 after purchasing an additional 3,353 shares during the last quarter. Quarry LP bought a new position in Bloomin’ Brands during the 4th quarter worth $25,000. PNC Financial Services Group Inc. increased its position in Bloomin’ Brands by 44.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator’s stock worth $34,000 after buying an additional 1,662 shares during the period. Kemnay Advisory Services Inc. acquired a new stake in Bloomin’ Brands in the fourth quarter worth $62,000. Finally, Lazard Asset Management LLC increased its position in Bloomin’ Brands by 178.1% in 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 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.