Bloomin' Brands (BLMN) Q3 Earnings Beat Estimates
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Bloomin' Brands (BLMN) reported Q3 earnings of $0.21 per share, surpassing the Zacks Consensus Estimate of $0.19 per share, but down from $0.44 per share a year ago.
November 08, 2024 | 2:30 pm
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Bloomin' Brands reported Q3 earnings of $0.21 per share, exceeding expectations but lower than last year's $0.44 per share.
The earnings beat is a positive indicator for Bloomin' Brands, suggesting better-than-expected performance. However, the decrease from last year's earnings may temper investor enthusiasm. Overall, the beat is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100