Bloomin' Brands (NASDAQ:BLMN) Releases Q4 2026 Earnings Guidance

Key Points

• Q4 2026 EPS guidance is below expectations: Bloomin’ Brands forecast $0.07–$0.12 per share, versus analysts’ consensus estimate of $0.14.
• The company set full-year 2026 EPS guidance at $0.97–$1.02, while recent quarterly results beat estimates: its $0.17-per-share loss was narrower than expected, and revenue reached $944.35 million, up 1.7% year over year.
• Despite the quarterly beat and higher full-year outlook, traffic weakness and a softer Q4 outlook weighed on investor sentiment; analysts’ average rating is Hold, with a consensus price target of $11.10.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.070-0.120 for the period, compared to the consensus estimate of 0.140. Bloomin' Brands also updated its FY 2026 guidance to 0.970-1.020 EPS.

Bloomin' Brands Price Performance

Shares of BLMN stock traded down $0.41 on Friday, reaching $10.06. 723,867 shares of the company were exchanged, compared to its average volume of 2,505,424. Bloomin' Brands has a 1 year low of $5.19 and a 1 year high of $12.63. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25. The business has a 50-day moving average price of $9.21 and a 200 day moving average price of $7.96. The company has a market cap of $861.77 million, a price-to-earnings ratio of 32.47, a P/E/G ratio of 2.87 and a beta of 1.30.

Bloomin' Brands (NASDAQ:BLMN - Get Free Report) last issued its quarterly earnings results on Friday, November 6th. The restaurant operator reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.24) by $0.07. Bloomin' Brands had a net margin of 0.70% and a return on equity of 28.95%. The firm had revenue of $944.35 million for the quarter, compared to analyst estimates of $925.23 million. During the same period last year, the company posted ($0.03) EPS. Bloomin' Brands's quarterly revenue was up 1.7% compared to the same quarter last year. 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 0.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on BLMN shares. JPMorgan Chase & Co. upgraded Bloomin' Brands from an "underweight" rating to a "neutral" rating and raised their target price for the company from $6.00 to $13.00 in a research report on Tuesday, September 29th. BMO Capital Markets reiterated a "market perform" rating and set a $12.00 price target on shares of Bloomin' Brands in a research report on Thursday, August 6th. Wall Street Zen raised Bloomin' Brands from a "hold" rating to a "buy" rating in a research note on Saturday, October 24th. Weiss Ratings upgraded Bloomin' Brands from a "sell (d+)" rating to a "hold (c-)" rating in a report on Wednesday, October 14th. Finally, Zacks Research lowered shares of Bloomin' Brands from a "strong-buy" rating to a "hold" rating in a report on Friday, October 16th. Eleven research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $11.10.

Key Headlines Impacting Bloomin' Brands

Here are the key news stories impacting Bloomin' Brands this week:

• Positive Sentiment: For Q3 2026, Bloomin’ Brands reported an adjusted loss of $0.17 per share, narrower than the $0.24 loss analysts expected. Revenue also topped estimates—about $944 million versus a consensus of roughly $925 million—and increased 1.7% year over year. Article: Bloomin’ Brands Reports Q3 Loss, Tops Revenue Estimates
• Positive Sentiment: The company raised its full-year profit outlook and said its Outback Steakhouse turnaround is progressing. Outback guest scores have improved year over year for five consecutive quarters. Article: Outback Steakhouse Owner Raises Profit Outlook
• Negative Sentiment: Investor sentiment was weighed down by continued traffic weakness and a softer Q4 outlook, tempering the earnings beat and higher full-year forecast. Article: 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.