Bloomin’ Brands (NASDAQ:BLMN) Releases Q3 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) updated its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.270–0.220 for the period, compared to the consensus estimate of -0.190. The company issued revenue guidance of -. Bloomin’ Brands also updated its FY 2026 guidance to 0.900-1.000 EPS.

Analyst Ratings Changes

Several equities analysts have recently commented on BLMN shares. Sanford C. Bernstein set a $9.00 price target on Bloomin’ Brands in a research note on Thursday, May 7th. UBS Group boosted their price objective on shares of Bloomin’ Brands from $6.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. The Goldman Sachs Group upped their target price on shares of Bloomin’ Brands from $6.00 to $8.50 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Citigroup lowered their target price on shares of Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating for the company in a research note on Friday, July 24th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $12.00 price target on shares of Bloomin’ Brands in a research note on Thursday. Nine investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $9.53.

Bloomin’ Brands Stock Up 1.9%

Shares of BLMN traded up $0.20 during mid-day trading on Friday, hitting $11.09. 806,966 shares of the company’s stock were exchanged, compared to its average volume of 2,577,147. The stock’s 50-day moving average is $8.38 and its 200-day moving average is $7.19. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.19 and a current ratio of 0.26. Bloomin’ Brands has a fifty-two week low of $5.19 and a fifty-two week high of $12.63. The company has a market cap of $949.03 million, a price-to-earnings ratio of 35.66, a P/E/G ratio of 9.08 and a beta of 1.22.

Bloomin’ Brands (NASDAQ:BLMN) last announced its quarterly earnings data 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 0.70% and a return on equity of 30.43%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same quarter in the previous year, the business posted $0.32 earnings per share. The business’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. On average, sell-side analysts anticipate that Bloomin’ Brands will post 0.9 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its holdings in Bloomin’ Brands by 50.4% during the 1st quarter. Royal Bank of Canada now owns 333,693 shares of the restaurant operator’s stock worth $2,393,000 after purchasing an additional 111,801 shares during the period. AQR Capital Management LLC grew its position in shares of Bloomin’ Brands by 156.1% during the first quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator’s stock worth $4,240,000 after buying an additional 360,450 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Bloomin’ Brands by 6.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator’s stock worth $333,000 after buying an additional 2,622 shares during the period. Millennium Management LLC raised its holdings in Bloomin’ Brands by 123.1% in the first quarter. Millennium Management LLC now owns 2,299,778 shares of the restaurant operator’s stock valued at $16,489,000 after acquiring an additional 1,268,988 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Bloomin’ Brands by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,048,497 shares of the restaurant operator’s stock worth $7,518,000 after acquiring an additional 43,329 shares during the last quarter.

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.