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

Bloomin’ Brands (NASDAQ:BLMN) updated 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 EPS estimate of 0.960. Bloomin’ Brands also updated its Q4 2026 guidance to 0.070-0.120 EPS.

Analyst Ratings Changes

Several research firms have commented on BLMN. Piper Sandler lifted their price target on shares of Bloomin’ Brands from $9.00 to $12.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Weiss Ratings raised shares of Bloomin’ Brands from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 14th. Zacks Research cut shares of Bloomin’ Brands from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 16th. Wall Street Zen upgraded shares of Bloomin’ Brands from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. Finally, Citigroup lowered their price target on shares of Bloomin’ Brands from $12.75 to $12.25 and set a “neutral” rating for the company in a research note on Friday, October 23rd. Eleven research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $11.10.

Bloomin’ Brands Stock Down 6.9%

Shares of Bloomin’ Brands stock opened at $9.75 on Friday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. Bloomin’ Brands has a 52-week low of $5.19 and a 52-week high of $12.63. The stock has a market capitalization of $834.79 million, a price-to-earnings ratio of 11.89, a P/E/G ratio of 2.55 and a beta of 1.30. The company’s 50 day moving average price is $9.20 and its 200-day moving average price is $7.97.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Friday, November 6th. The restaurant operator reported ($0.17) EPS for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.07. The company had revenue of $944.35 million during the quarter, compared to analyst estimates of $925.23 million. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.03) EPS. 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. Equities research analysts forecast that Bloomin’ Brands will post 0.98 EPS for the current year.

Bloomin’ Brands News Roundup

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

About Bloomin’ Brands

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.