Bloomin Brands's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Bloomin Brands (NASDAQ:BLMN) is scheduled to release its quarterly earnings report on 2024-02-23, with analysts expecting an EPS of $0.69. The company's past performance shows a mixed impact on its stock price following earnings announcements, with a slight overall decline in share price over the last 52 weeks. Investors are particularly focused on the company's guidance for future growth.
February 22, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Bloomin Brands is expected to report an EPS of $0.69 for the latest quarter. Historical data shows mixed reactions in stock price to earnings announcements, with a general downtrend over the last year.
Given the historical performance and the anticipation around the earnings report, the short-term impact on BLMN's stock price is uncertain. The focus will be on whether the company can beat the EPS estimate and provide positive future guidance. Historically, the stock has shown mixed reactions to earnings announcements, with a slight overall decline in the past year, indicating that investor sentiment is cautious. The importance of this earnings report is high due to the potential for future guidance to influence investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100