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

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 0.970-1.020 for the period, compared to the consensus earnings per share estimate of 0.960. Bloomin’ Brands also updated its Q4 2026 guidance to 0.070-0.120 EPS.

Bloomin’ Brands Price Performance

Shares of BLMN opened at $9.75 on Friday. The stock has a market cap of $834.79 million, a P/E ratio of 8.45, a P/E/G ratio of 2.86 and a beta of 1.30. The company has a quick ratio of 0.18, a current ratio of 0.25 and a debt-to-equity ratio of 1.62. The business’s fifty day moving average is $9.20 and its 200 day moving average is $7.97. Bloomin’ Brands has a 12-month low of $5.19 and a 12-month high of $12.63.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data on Friday, November 6th. The restaurant operator reported ($0.17) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $925.23 million. During the same quarter in the prior year, the company earned ($0.03) EPS. The firm’s 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. Sell-side analysts anticipate that Bloomin’ Brands will post 0.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on BLMN. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 target price on shares of Bloomin’ Brands in a research report on Thursday, August 6th. UBS Group raised their price objective on shares of Bloomin’ Brands from $9.00 to $11.50 and gave the company a “neutral” rating in a research note on Monday. Morgan Stanley boosted their price target on shares of Bloomin’ Brands from $8.00 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, August 6th. Wall Street Zen raised Bloomin’ Brands from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. Finally, Veritas Investment Research set a $13.00 price objective on shares of Bloomin’ Brands in a report on Tuesday, September 29th. Eleven research analysts have rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $11.10.

Key Stories 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

Bloomin’ Brands Company Profile

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.