Earnings Outlook For Bloomin Brands
Portfolio Pulse from Benzinga Insights
Bloomin Brands (NASDAQ:BLMN) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $0.42. The company's past performance shows a pattern of beating EPS estimates, but this has sometimes been followed by a drop in share price. The stock is currently trading at $23.44 and has seen a 1.03% increase over the last 52-week period.
November 02, 2023 | 9:00 pm
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NEUTRAL IMPACT
Bloomin Brands is expected to report an EPS of $0.42 for Q3 2023. The company has a history of beating EPS estimates, but this has sometimes led to a drop in share price. The stock has increased by 1.03% over the last 52 weeks.
Bloomin Brands' upcoming earnings report is highly relevant as it directly impacts the company's stock. The company's history of beating EPS estimates could influence investor expectations, but the past correlation between EPS beats and share price drops adds uncertainty, hence a neutral score. The stock's positive performance over the last 52 weeks indicates a generally favorable market sentiment towards the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100