Bloomin’ Brands (NASDAQ:BLMN) Issues Q1 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) updated its first quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of 0.570-0.620 for the period, compared to the consensus EPS estimate of 0.550. The company issued revenue guidance of -. Bloomin’ Brands also updated its FY 2026 guidance to 0.750-0.900 EPS.

Analyst Ratings Changes

A number of brokerages recently issued reports on BLMN. Zacks Research upgraded Bloomin’ Brands from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th. The Goldman Sachs Group upgraded shares of Bloomin’ Brands from a “sell” rating to a “neutral” rating and set a $7.00 price target on the stock in a report on Friday, November 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Bloomin’ Brands in a report on Monday, December 29th. Loop Capital set a $10.00 price target on Bloomin’ Brands in a research report on Tuesday, December 16th. Finally, Citigroup upped their target price on Bloomin’ Brands from $6.75 to $7.00 and gave the stock a “neutral” rating in a research note on Thursday. Eight research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $8.44.

Bloomin’ Brands Price Performance

Shares of Bloomin’ Brands stock traded down $0.10 during trading hours on Friday, reaching $6.09. 500,517 shares of the company’s stock were exchanged, compared to its average volume of 2,429,013. The business has a fifty day moving average of $6.72 and a two-hundred day moving average of $6.93. The company has a market capitalization of $518.56 million, a P/E ratio of 60.56 and a beta of 1.15. The company has a quick ratio of 0.38, a current ratio of 0.45 and a debt-to-equity ratio of 2.77. Bloomin’ Brands has a 1 year low of $5.60 and a 1 year high of $10.70.

Bloomin’ Brands (NASDAQ:BLMN) last posted its quarterly earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.01. The firm had revenue of $975.22 million for the quarter, compared to analyst estimates of $980.64 million. Bloomin’ Brands had a net margin of 0.21% and a return on equity of 25.55%. Bloomin’ Brands’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the previous year, the business posted $0.38 earnings per share. Bloomin’ Brands has set its Q1 2026 guidance at 0.570-0.620 EPS and its FY 2026 guidance at 0.750-0.900 EPS. As a group, research analysts predict that Bloomin’ Brands will post 1.8 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Bloomin’ Brands

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp grew its stake in shares of Bloomin’ Brands by 1.8% in the fourth quarter. State Street Corp now owns 3,400,106 shares of the restaurant operator’s stock valued at $20,979,000 after buying an additional 58,722 shares in the last quarter. Millennium Management LLC increased its stake in Bloomin’ Brands by 69.9% during the third quarter. Millennium Management LLC now owns 2,590,098 shares of the restaurant operator’s stock valued at $18,571,000 after purchasing an additional 1,065,842 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Bloomin’ Brands by 12.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,409,123 shares of the restaurant operator’s stock worth $14,864,000 after buying an additional 269,746 shares in the last quarter. Federated Hermes Inc. grew its position in Bloomin’ Brands by 115.9% in the 4th quarter. Federated Hermes Inc. now owns 2,064,940 shares of the restaurant operator’s stock valued at $12,741,000 after buying an additional 1,108,500 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Bloomin’ Brands by 12.4% in the fourth quarter. Geode Capital Management LLC now owns 1,940,257 shares of the restaurant operator’s stock valued at $11,973,000 after buying an additional 213,932 shares during the period.

About Bloomin’ Brands

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.