Bloomin’ Brands (NASDAQ:BLMN) Announces Earnings Results

Bloomin’ Brands (NASDAQ:BLMN) released its earnings results on Wednesday. The restaurant operator reported $0.38 EPS for the quarter, hitting analysts’ consensus estimates of $0.38, Zacks reports. Bloomin’ Brands had a negative net margin of 0.12% and a positive return on equity of 62.18%. Bloomin’ Brands updated its FY 2025 guidance to 1.200-1.400 EPS and its Q1 2025 guidance to 0.550-0.600 EPS.

Bloomin’ Brands Price Performance

NASDAQ BLMN traded down $1.97 on Wednesday, reaching $9.94. The company’s stock had a trading volume of 3,503,611 shares, compared to its average volume of 1,804,556. Bloomin’ Brands has a twelve month low of $9.63 and a twelve month high of $30.13. The firm’s 50 day moving average is $11.98 and its two-hundred day moving average is $14.34. The stock has a market cap of $842.92 million, a PE ratio of -89.74 and a beta of 1.97. The company has a debt-to-equity ratio of 4.46, a quick ratio of 0.22 and a current ratio of 0.31.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America lowered Bloomin’ Brands from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $18.00 to $13.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. decreased their price target on shares of Bloomin’ Brands from $19.00 to $14.00 and set a “neutral” rating for the company in a research note on Tuesday, November 12th. UBS Group reduced their price target on Bloomin’ Brands from $16.00 to $13.00 and set a “neutral” rating for the company in a report on Tuesday, January 7th. Piper Sandler reduced their price objective on Bloomin’ Brands from $20.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, November 11th. Finally, Barclays reiterated an “equal weight” rating and issued a $13.00 price target (down previously from $19.00) on shares of Bloomin’ Brands in a report on Tuesday, January 7th. Two analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $16.30.

About Bloomin’ Brands

Bloomin’ Brands, Inc engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China.