Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.070-0.120 for the period, compared to the consensus EPS 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 Bloomin’ Brands stock opened at $9.75 on Friday. The company has a market cap of $834.79 million, a price-to-earnings ratio of 11.89, a price-to-earnings-growth ratio of 2.55 and a beta of 1.30. The company’s 50 day moving average is $9.20 and its 200 day moving average is $7.97. Bloomin’ Brands has a twelve month low of $5.19 and a twelve month high of $12.63. The company has a quick ratio of 0.18, a current ratio of 0.25 and a debt-to-equity ratio of 1.62.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last issued its earnings results on Friday, November 6th. The restaurant operator reported ($0.17) earnings per share (EPS) for the quarter, topping 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 company had revenue of $944.35 million for the quarter, compared to analysts’ expectations of $925.23 million. During the same quarter last year, the company posted ($0.03) earnings per share. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. 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. Research analysts anticipate that Bloomin’ Brands will post 0.98 EPS for the current year.
Analyst Ratings Changes
BLMN has been the topic of a number of research reports. Wall Street Zen upgraded Bloomin’ Brands from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Citigroup dropped their target price on Bloomin’ Brands from $12.75 to $12.25 and set a “neutral” rating on the stock in a research report on Friday, October 23rd. Morgan Stanley boosted their price target on Bloomin’ Brands from $8.00 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. raised shares of Bloomin’ Brands from an “underweight” rating to a “neutral” rating and upped their price target for the company from $6.00 to $13.00 in a research report on Tuesday, September 29th. Finally, UBS Group increased their price objective on shares of Bloomin’ Brands from $9.00 to $11.50 and gave the stock a “neutral” rating in a research note on Monday, November 2nd. Eleven research analysts have rated the stock with a Hold rating. According to MarketBeat.com, Bloomin’ Brands currently has a consensus rating of “Hold” and an average price target of $11.10.
Check Out Our Latest Report on Bloomin’ Brands
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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