Why Bloomin' Brands Stock Jumped 13% in Early Trading Today

04:41pm, Friday, 18'th Feb 2022 The Motley Fool
The restaurant owner reported earnings, and investors seemed to like what the company had to say.

Why Bloomin'' Brands Stock Jumped 13% in Early Trading Today

04:41pm, Friday, 18'th Feb 2022 The Motley Fool
The restaurant owner reported earnings, and investors seemed to like what the company had to say.
Bloomin'' Brands (BLMN) is up 10% in early Friday trading after the company reported beat on both lines. Revenue of $1.05B (+29.2% Y/Y) beats consensus by $10M.Q4 Comparable Restaurant…
Bloomin'' Brands Inc (NASDAQ: BLMN ) reported fourth-quarter FY21 sales growth of 28.9% year-on-year, to $1.047 billion, marginally ahead of the consensus of $1.04 billion. Comparable restaurant sales in the U.S. grew 20.7% at Outback Steakhouse and 27.9% at Combined U.S. Restaurant sales grew 27.8% Y/Y to $1.02 billion, while Franchise and other revenues shot up 153.6% to $17.4 million. U.S. segment revenue rose 28.3% Y/Y to $939.3 million, and the international segment increased 34.2% Y/Y to … Full story available on Benzinga.com
NEW YORK , Feb. 18, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CGNX, BLMN, LTHM, SAND, and ABUS. … Full story available on Benzinga.com

Bloomin' Brands (BLMN) Beats Q4 Earnings and Revenue Estimates

01:15pm, Friday, 18'th Feb 2022 Zacks Investment Research
Bloomin' Brands (BLMN) delivered earnings and revenue surprises of 15.38% and 1.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Bloomin'' Brands Inc. stock jumped nearly 6% in Friday premarket trading after the Outback parent reported fourth-quarter profit and sales that beat expectations and reinstated its dividend. Net income totaled $60.7 million, or 59 cents per share, after a loss of $14.2 million, or 16 cents per share, last year. Adjusted EPS of 60 cents beat the FactSet consensus of 52 cents. Revenue of $1.047 billion was up from $812.5 million last year and also ahead of the FactSet consensus for $1.035 billion. U.S. same-store sales rose 27.9%, with Outback up 20.7%, Carrabba''s Italian Grill up 24.4%, Bonefish Grill up 39% and Fleming''s Prime Steakhouse & Wine Bar up 71.1%. Bloomin'' said it didn''t repeat the 2019 promotional activity at Outback because of the "evolving consumer environment." The FactSet consensus was for domestic same-store sales growth of 26.6%. Bloomin'' has reinstated its quarterly dividend, starting with 14 cents per share to be paid on March 16 to shareholders of record as of March 2.

Recap: Bloomin Brands Q4 Earnings

12:22pm, Friday, 18'th Feb 2022 Benzinga
Bloomin Brands (NASDAQ: BLMN ) reported its Q4 earnings results on Friday, February 18, 2022 at 07:00 AM. Here''s what investors need to know about the announcement. Earnings Bloomin Brands beat estimated earnings by 15.38%, reporting an EPS of $0.6 versus an estimate of $0.52. Revenue was up $234.50 million from the same period last year. Past Earnings Performance Last quarter the … Full story available on Benzinga.com

Bloomin'' Brands reinstates quarterly dividend at $0.14

12:18pm, Friday, 18'th Feb 2022 Seeking Alpha
Bloomin'' Brands (BLMN) declares $0.14/share quarterly dividend. The company paid last dividend of $0.20 in March 2020. Forward yield 2.49% Payable March 16; for shareholders of record Marc
Bloomin'' Brands press release (BLMN): Q4 Non-GAAP EPS of $0.60 beats by $0.08.Revenue of $1.05B (+29.2% Y/Y) beats by $10M.Fiscal 2022 Financial Outlook: Total revenues of $4.30B…
Bloomin' Brands' (BLMN) CEO David Deno on Q4 2021 Results - Earnings Call Transcript
The restaurant owner reported earnings, and investors seemed to like what the company had to say.
The parent of Outback Steakhouse posts fourth-quarter earnings that easily beat estimates, and issues optimistic guidance for the current quarter and 2022.
Pre-open movers U.S. stock futures traded higher in early pre-market trade after the Dow Jones dipped more than 600 points in the previous session. Investors are awaiting earnings results from Deere
Bloomin' Brands (BLMN) delivered earnings and revenue surprises of 15.38% and 1.33%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
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