Bloomin' Brands (NASDAQ:BLMN) Updates Q2 2026 Earnings Guidance

Key Points

• Updated guidance: Bloomin' Brands raised Q2 2026 EPS guidance to $0.27–$0.32 (consensus $0.22) and set FY2026 EPS guidance at $0.75–$0.90.
• Recent results beat expectations: the company reported $0.67 EPS and $1.06 billion in revenue for the quarter, topping analyst estimates of $0.57 EPS and $1.04 billion revenue.
• Market and insider signals are mixed: analysts have an average rating of "Reduce" with a $7.86 target, while Director Rohit Lal bought 10,000 shares at $5.69; the stock trades around $5.76 with a market cap of about $491 million and high leverage (debt/equity 2.34).

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.270-0.320 for the period, compared to the consensus earnings per share estimate of 0.220. The company issued revenue guidance of -. Bloomin' Brands also updated its FY 2026 guidance to 0.750-0.900 EPS.

Bloomin' Brands Stock Performance

NASDAQ BLMN opened at $5.76 on Wednesday. The company's 50 day simple moving average is $5.95 and its two-hundred day simple moving average is $6.54. The stock has a market capitalization of $490.92 million, a PE ratio of 57.61, a P/E/G ratio of 4.76 and a beta of 1.10. Bloomin' Brands has a 1 year low of $5.19 and a 1 year high of $10.70. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.31 and a quick ratio of 0.24.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The restaurant operator reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.10. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates 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. Analysts predict that Bloomin' Brands will post 0.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Insider Activity at Bloomin' Brands

In other Bloomin' Brands news, Director Rohit Lal bought 10,000 shares of Bloomin' Brands stock in a transaction that occurred on Wednesday, March 11th. The shares were bought at an average price of $5.69 per share, with a total value of $56,900.00. Following the acquisition, the director owned 30,156 shares in the company, valued at approximately $171,587.64. This trade represents a 49.61% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.18% of the company's stock.

Hedge Funds Weigh In On Bloomin' Brands

Institutional investors and hedge funds have recently made changes to their positions in the business. Quarry LP bought a new position in shares of Bloomin' Brands during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Bloomin' Brands by 83,825.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,357 shares of the restaurant operator's stock valued at $29,000 after purchasing an additional 3,353 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Bloomin' Brands by 44.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,431 shares of the restaurant operator's stock valued at $34,000 after purchasing an additional 1,662 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Bloomin' Brands during the 4th quarter valued at $62,000. Finally, Hsbc Holdings PLC bought a new position in shares of Bloomin' Brands during the 4th quarter valued at $72,000.

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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