Bloomin' Brands (NASDAQ:BLMN) Issues FY 2025 Earnings Guidance

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 1.200-1.400 for the period, compared to the consensus EPS estimate of 1.280. The company issued revenue guidance of -. Bloomin' Brands also updated its Q2 2025 guidance to 0.220-0.270 EPS.

Bloomin' Brands Stock Performance

Shares of BLMN traded down $0.03 during mid-day trading on Friday, hitting $7.30. 3,526,678 shares of the company's stock were exchanged, compared to its average volume of 2,004,875. The company has a current ratio of 0.31, a quick ratio of 0.22 and a debt-to-equity ratio of 4.46. Bloomin' Brands has a fifty-two week low of $6.09 and a fifty-two week high of $24.50. The business's 50 day moving average is $7.85 and its two-hundred day moving average is $11.06. The firm has a market capitalization of $620.00 million, a P/E ratio of -66.36 and a beta of 1.30.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The restaurant operator reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.57 by $0.02. The company had revenue of $1.05 billion during the quarter, compared to analysts' expectations of $1.04 billion. Bloomin' Brands had a positive return on equity of 62.18% and a negative net margin of 0.12%. The firm's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm earned $0.70 EPS. On average, equities analysts expect that Bloomin' Brands will post 1.8 earnings per share for the current year.

Bloomin' Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Tuesday, May 20th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a $0.60 dividend on an annualized basis and a yield of 8.22%. Bloomin' Brands's payout ratio is currently -40.27%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BLMN. JPMorgan Chase & Co. dropped their price target on shares of Bloomin' Brands from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Bank of America cut Bloomin' Brands from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $18.00 to $13.00 in a research report on Monday, January 27th. StockNews.com raised Bloomin' Brands from a "sell" rating to a "hold" rating in a report on Friday, March 7th. UBS Group cut their price objective on Bloomin' Brands from $13.00 to $8.50 and set a "neutral" rating for the company in a research report on Monday, May 5th. Finally, Barclays reduced their target price on Bloomin' Brands from $9.00 to $8.00 and set an "equal weight" rating for the company in a report on Thursday. Two investment analysts have rated the stock with a sell rating and ten have assigned a hold rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $13.75.

Insider Activity

In related news, EVP Patrick M. Hafner sold 9,555 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were sold at an average price of $8.32, for a total value of $79,497.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.00% of the company's stock.

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.