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

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.900-1.000 for the period, compared to the consensus earnings per share estimate of 0.880. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q3 2026 guidance to -0.270–0.220 EPS.

Wall Street Analysts Forecast Growth

BLMN has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered Bloomin’ Brands from a “neutral” rating to an “underweight” rating and set a $6.00 price target on the stock. in a research report on Friday, April 24th. Barclays boosted their price objective on Bloomin’ Brands from $7.00 to $9.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Sanford C. Bernstein set a $9.00 target price on shares of Bloomin’ Brands in a report on Thursday, May 7th. The Goldman Sachs Group lifted their price target on shares of Bloomin’ Brands from $6.00 to $8.50 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Finally, Citigroup dropped their price objective on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Six analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $8.53.

Bloomin’ Brands Stock Up 33.6%

Shares of Bloomin’ Brands stock traded up $3.00 during trading hours on Wednesday, hitting $11.91. The company had a trading volume of 8,148,982 shares, compared to its average volume of 2,559,863. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.26 and a quick ratio of 0.19. The company’s 50-day moving average is $8.26 and its two-hundred day moving average is $7.14. The company has a market cap of $1.02 billion, a P/E ratio of 47.97, a price-to-earnings-growth ratio of 7.21 and a beta of 1.22. Bloomin’ Brands has a twelve month low of $5.19 and a twelve month high of $12.63.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings results on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. Bloomin’ Brands had a net margin of 0.55% and a return on equity of 28.00%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the previous year, the company earned $0.32 earnings per share. Bloomin’ Brands’s quarterly revenue was up 1.3% compared to the same quarter last year. 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. Analysts anticipate that Bloomin’ Brands will post 0.86 earnings per share for the current fiscal year.

Trending Headlines about Bloomin’ Brands

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 Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its position in shares of Bloomin’ Brands by 10.0% during the second quarter. The Manufacturers Life Insurance Company now owns 30,343 shares of the restaurant operator’s stock worth $261,000 after acquiring an additional 2,755 shares during the last quarter. State of Tennessee Department of Treasury raised its position in Bloomin’ Brands by 116.6% in the 4th quarter. State of Tennessee Department of Treasury now owns 40,570 shares of the restaurant operator’s stock valued at $243,000 after purchasing an additional 21,843 shares during the last quarter. Virtu Financial LLC purchased a new stake in Bloomin’ Brands in the 4th quarter valued at $195,000. Headlands Technologies LLC boosted its stake in Bloomin’ Brands by 146.0% during the 2nd quarter. Headlands Technologies LLC now owns 21,426 shares of the restaurant operator’s stock worth $184,000 after purchasing an additional 12,717 shares during the period. Finally, Caxton Associates LLP acquired a new stake in Bloomin’ Brands during the 1st quarter worth $170,000.

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.