Bloomin' Brands Affirms FY24 Adjusted EPS Outlook Of $2.51-$2.66, Est $2.55
Portfolio Pulse from Benzinga Newsdesk
Bloomin' Brands has reaffirmed its fiscal year 2024 adjusted earnings per share (EPS) guidance to be in the range of $2.51 to $2.66, aligning closely with the analyst consensus estimate of $2.55. This announcement underscores the company's confidence in its financial outlook and operational performance going forward.

May 07, 2024 | 10:50 am
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Bloomin' Brands has confirmed its FY24 adjusted EPS forecast to be between $2.51 and $2.66, which is consistent with the analyst expectations of $2.55.
By reaffirming its adjusted EPS guidance for FY24, Bloomin' Brands signals to investors its confidence in achieving projected financial targets. This alignment with analyst estimates may bolster investor confidence, potentially leading to a positive short-term impact on the stock price. The announcement directly pertains to the company's financial health and future earnings potential, making it highly relevant and important for investors. The high confidence in this analysis stems from the clear correlation between earnings guidance and investor sentiment towards a company's stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100