Bloomin' Brands (BLMN) Projected to Post Earnings on Wednesday

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $0.26 per share and revenue of $974.69 million for the quarter. Bloomin' Brands has set its FY 2025 guidance at 1.200-1.400 EPS and its Q2 2025 guidance at 0.220-0.270 EPS.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The restaurant operator reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.57 by $0.02. Bloomin' Brands had a negative net margin of 0.05% and a positive return on equity of 55.08%. The firm had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.04 billion. During the same quarter last year, the company posted $0.70 earnings per share. The company's revenue for the quarter was down 1.8% compared to the same quarter last year. On average, analysts expect Bloomin' Brands to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Bloomin' Brands Stock Performance

NASDAQ:BLMN traded up $0.09 during mid-day trading on Wednesday, reaching $9.55. 2,044,467 shares of the company's stock were exchanged, compared to its average volume of 1,895,101. Bloomin' Brands has a one year low of $6.09 and a one year high of $21.45. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.33 and a current ratio of 0.41. The business's fifty day simple moving average is $8.92 and its two-hundred day simple moving average is $9.22. The firm has a market capitalization of $811.08 million, a PE ratio of -318.23 and a beta of 1.32.

Institutional Investors Weigh In On Bloomin' Brands

Institutional investors have recently made changes to their positions in the business. Caxton Associates LLP bought a new stake in Bloomin' Brands during the 1st quarter valued at $170,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Bloomin' Brands by 6.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,395 shares of the restaurant operator's stock valued at $333,000 after purchasing an additional 2,622 shares during the period. Royal Bank of Canada increased its position 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 valued at $2,393,000 after purchasing an additional 111,801 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Bloomin' Brands by 156.1% during the 1st quarter. AQR Capital Management LLC now owns 591,373 shares of the restaurant operator's stock valued at $4,240,000 after buying an additional 360,450 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Bloomin' Brands by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,048,497 shares of the restaurant operator's stock valued at $7,518,000 after buying an additional 43,329 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. JPMorgan Chase & Co. boosted their price target on shares of Bloomin' Brands from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Wednesday, June 25th. UBS Group decreased their price target on shares of Bloomin' Brands from $13.00 to $8.50 and set a "neutral" rating for the company in a research note on Monday, May 5th. Barclays boosted their target price on shares of Bloomin' Brands from $8.00 to $9.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Finally, Morgan Stanley set a $10.00 price target on Bloomin' Brands and gave the stock an "equal weight" rating in a report on Monday, July 14th. Two equities research analysts have rated the stock with a sell rating and ten have issued a hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $12.75.

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.