Bloomin Brands Q2 EPS $0.74 Beats $0.63 Estimate, Sales $1.15B Beat $1.15B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bloomin Brands reported Q2 earnings of $0.74 per share, beating the analyst consensus estimate of $0.63 by 17.46%. The company also reported quarterly sales of $1.15 billion, beating the analyst consensus estimate by 0.26%. This represents a 2.47% increase over sales from the same period last year.
August 01, 2023 | 1:46 pm
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POSITIVE IMPACT
Bloomin Brands' Q2 earnings and sales beat analyst estimates, which could lead to a positive market reaction.
Bloomin Brands reported better than expected Q2 earnings and sales, which is typically a positive signal to the market and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100