These Analysts Increase Their Forecasts On Bloomin' Brands After Upbeat Earnings
Bloomin’ Brands, Inc. Reported upbeat earnings for its fourth quarter on Friday. The company reported fourth-quarter adjusted earnings per share of 75 cents, beating the street view of 69 cents. Bloomin' Brands shares gained 2.9% to close at $27.37.
Benzinga · 22h ago
BMO Capital Maintains Market Perform on Bloomin Brands, Raises Price Target to $29
Benzinga · 22h ago
Bloomin’ Brands Hold Rating Maintained Amid Mixed Signals and Cautious Optimism
TipRanks · 1d ago
Barclays Maintains Overweight on Bloomin Brands, Raises Price Target to $32
Benzinga · 1d ago
Weekly Report: what happened at BLMN last week (0219-0223)?
Weekly Report · 1d ago
Bloomin' Brands (NASDAQ:BLMN) stock performs better than its underlying earnings growth over last five years
Bloomin' Brands, Inc. Share price is up 32% in the last five years, but less than the market return. The stock has added US$91m to its market cap in the past week. Bloomin's Brands shareholders gained a total return of 5.2% during the last year. The longer term returns look better for the company, but there are two warning signs.
Simply Wall St · 1d ago
This Steakhouse Stock Is a Rare Find. It's Primed for Gains.
Bloomin' Brands, owner of Outback Steakhouse, is taking steps to spur growth and higher profitability. The company is investing in digital sales to compete with faster-growing competitors. Bloomin' stock is expected to rise after the company's fourth-quarter earnings report.
Barron‘s · 3d ago
Upgrading Bloomin' Brands, Transformational Year Ahead
Bloomin' Brands, Inc., parent company of Outback Steakhouse and other restaurants, is being upgraded to a buy with shares expected to climb to the low $30s. Revenues rose in Q4 2023, but comparable sales were mixed, with some brands experiencing a decline. 2024 should be a transformational year for Bloomin's Brands.
Seeking Alpha · 3d ago
Why Bloomin' Brands Shares Are Rising Today
Bloomin’ Brands, Inc. Reported fourth-quarter adjusted earnings per share of 75 cents. The company reported revenues of $1.194 billion marginally missed the analyst consensus. Bloomin' Brands is closing 36 underperforming restaurants in the fourth quarter and expects to complete them in the first quarter.
Benzinga · 3d ago
Bloomin' Brands Shares Climb After Q4 Profit Beat Consensus Estimate
NASDAQ · 3d ago
Bloomin' Brands (BLMN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
NASDAQ · 3d ago
Consumer Sector Update for 02/23/2024: BKNG, BLMN, H, XLP, XLY
NASDAQ · 3d ago
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About BLMN
Bloomin' Brands, Inc. is a casual dining restaurant company. The Company owns and operates full-service restaurants and off-premises only kitchens and franchised full-service restaurants and off-premises only kitchens across states, Guam and countries. The Company operates through two segments: U.S. and international. The U.S. segment owns and operates 1,011 full-service restaurants and off-premises only kitchens and franchised 153 full-service restaurants across 47 states. Its restaurants include Outback Steakhouse, Carrabbas Italian Grill, Bonefish Grill, and Flemings Prime Steakhouse & Wine Bar. The Outback Steakhouse menu offers seasoned and seared or wood-fired grilled steaks, chops, chicken, seafood, pasta, salads, and seasonal specials. The Carrabbas Italian Grill offering includes Italian cuisine. The international segment owns and operates 175 full-service restaurants and franchised 168 full-service restaurants and off-premises only kitchens across 13 countries and Guam.