Bloomin' Brands (NASDAQ:BLMN) Issues FY 2026 Earnings Guidance

Key Points

• Bloomin' Brands issued FY2026 EPS guidance of $0.75–$0.90 (consensus $0.83) and Q2 2026 guidance of $0.27–$0.32, while it did not provide revenue guidance.
• The company beat the most recent quarter's estimates, reporting $0.67 EPS vs. $0.57 expected and $1.06B in revenue versus $1.04B consensus.
• Shares trade around $5.76 with a market cap near $491M, marked by high leverage and low liquidity, and analysts maintain a "Reduce" consensus with an average target of $7.86.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.750-0.900 for the period, compared to the consensus EPS estimate of 0.830. The company issued revenue guidance of -. Bloomin' Brands also updated its Q2 2026 guidance to 0.270-0.320 EPS.

Bloomin' Brands Stock Performance

Shares of Bloomin' Brands stock opened at $5.76 on Wednesday. The firm has a fifty day moving average of $5.95 and a two-hundred day moving average of $6.54. The stock has a market capitalization of $490.92 million, a price-to-earnings ratio of 57.61, a PEG ratio of 4.76 and a beta of 1.10. Bloomin' Brands has a 52 week low of $5.19 and a 52 week high of $10.70. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.31.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, beating the consensus estimate of $0.57 by $0.10. The company had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.04 billion. Bloomin' Brands had a net margin of 0.21% and a return on equity of 26.26%. Bloomin' Brands has set its FY 2026 guidance at 0.750-0.900 EPS and its Q2 2026 guidance at 0.270-0.320 EPS. As a group, equities research analysts predict that Bloomin' Brands will post 0.82 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on BLMN shares. Citigroup upped their target price on shares of Bloomin' Brands from $6.75 to $7.00 and gave the company a "neutral" rating in a research report on Thursday, February 26th. Weiss Ratings reiterated a "sell (d)" rating on shares of Bloomin' Brands in a research report on Friday, March 27th. Finally, JPMorgan Chase & Co. lowered shares of Bloomin' Brands from a "neutral" rating to an "underweight" rating and set a $6.00 price target for the company. in a report on Friday, April 24th. Six research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $7.86.

Insider Activity

In other news, Director Rohit Lal purchased 10,000 shares of the firm's stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of $5.69 per share, with a total value of $56,900.00. Following the acquisition, the director directly owned 30,156 shares of the company's stock, valued at approximately $171,587.64. This represents a 49.61% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.18% of the stock is owned by company insiders.

Hedge Funds Weigh In On Bloomin' Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. boosted its stake in Bloomin' Brands by 83,825.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator's stock worth $29,000 after purchasing an additional 3,353 shares during the period. Quarry LP acquired a new position in Bloomin' Brands in the 4th quarter worth $25,000. PNC Financial Services Group Inc. boosted its stake in Bloomin' Brands by 44.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator's stock worth $34,000 after purchasing an additional 1,662 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Bloomin' Brands in the 4th quarter worth $62,000. Finally, Lazard Asset Management LLC boosted its stake in Bloomin' Brands by 178.1% in the 2nd quarter. Lazard Asset Management LLC now owns 10,378 shares of the restaurant operator's stock worth $88,000 after purchasing an additional 6,646 shares during the period.

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.

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