Bloomin' Brands Announces 2017 Q4 Diluted EPS of $0.17 and Adjusted Diluted EPS of $0.41; Q4 Comparable Restaurant Sales Growth of 4.7% at Outback With Positive Traffic of 4.3%; Q4 Combined U.S. Compa

Go back to Bloomin' Brands Announces 2017 Q4 Diluted EPS of $0.17 and Adjusted Diluted EPS of $0.41; Q4 Comparable Restaurant Sales Growth of 4.7% at Outback With Positive Traffic of 4.3%; Q4 Combined U.S. Compa

Bloomin' Brands (BLMN) PT Raised to $24 at Wells Fargo

February 22, 2018 5:18 PM EST

Wells Fargo raised its price target on Bloomin' Brands (NASDAQ: BLMN) to $24.00 (from $22.00) while maintaining a Market Perform rating.

Analyst Jeff Farmer said BLMNs same-store sales (SSS) recovery continues to impress (particularly Outback), but 2018 EPS growth to be muted by inflation headwinds.

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Bloomin' Brands (BLMN) Tops Q4 EPS by 2c

February 22, 2018 7:05 AM EST

Bloomin' Brands (NASDAQ: BLMN) reported Q4 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.05 billion.

Comparable restaurant sales were up 4.7% at U.S. Outback Steakhouse with traffic up 4.3%(1);Combined U.S. comparable restaurant sales were up 3.3% with traffic up... More