Bloomin’ Brands (NASDAQ:BLMN) Updates FY 2026 Earnings Guidance

Bloomin’ Brands (NASDAQ:BLMN) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.750-0.900 for the period, compared to the consensus earnings per share estimate of 0.830. The company issued revenue guidance of -. Bloomin’ Brands also updated its Q1 2026 guidance to 0.570-0.620 EPS.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BLMN. Zacks Research raised 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 target price on the stock in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Bloomin’ Brands in a research note on Monday, December 29th. Finally, Loop Capital set a $10.00 price target on shares of Bloomin’ Brands in a research note on Tuesday, December 16th. Seven equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $8.64.

Bloomin’ Brands Trading Down 4.4%

NASDAQ:BLMN opened at $5.87 on Wednesday. The company has a current ratio of 0.45, a quick ratio of 0.38 and a debt-to-equity ratio of 2.77. Bloomin’ Brands has a 1-year low of $5.79 and a 1-year high of $12.07. The firm has a market capitalization of $500.24 million, a price-to-earnings ratio of -8.76 and a beta of 1.15. The business’s 50-day moving average price is $6.77 and its two-hundred day moving average price is $6.95.

Bloomin’ Brands (NASDAQ:BLMN) last posted its earnings results on Wednesday, February 25th. The restaurant operator reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. The company had revenue of $975.22 million during the quarter, compared to analyst estimates of $980.64 million. Bloomin’ Brands had a positive return on equity of 33.92% and a negative net margin of 1.46%.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. On average, equities analysts expect that Bloomin’ Brands will post 1.8 earnings per share for the current year.

Hedge Funds Weigh In On Bloomin’ Brands

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Virtu Financial LLC acquired a new position in shares of Bloomin’ Brands in the 4th quarter valued at $195,000. Invesco Ltd. lifted its holdings in Bloomin’ Brands by 9.9% during the fourth quarter. Invesco Ltd. now owns 1,368,340 shares of the restaurant operator’s stock worth $8,443,000 after acquiring an additional 123,566 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Bloomin’ Brands in the fourth quarter valued at about $2,147,000. State of Tennessee Department of Treasury increased its holdings in shares of Bloomin’ Brands by 116.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 40,570 shares of the restaurant operator’s stock worth $243,000 after acquiring an additional 21,843 shares in the last quarter. Finally, Empowered Funds LLC increased its holdings in shares of Bloomin’ Brands by 39.4% in the fourth quarter. Empowered Funds LLC now owns 275,991 shares of the restaurant operator’s stock worth $1,703,000 after acquiring an additional 78,055 shares in the last quarter.

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.