Bloomin’ Brands Announces 2019 Q4 Diluted EPS and Adjusted Diluted EPS of $0.32

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Bloomin' Brands (BLMN) Misses Q4 EPS by 3c, Guides FY20 EPS Above the Street, Updates Strategic Review

February 18, 2020 7:03 AM EST

Bloomin' Brands (NASDAQ: BLMN) reported Q4 EPS of $0.32, $0.03 worse than the analyst estimate of $0.35. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.03 billion.

GUIDANCE:

Bloomin' Brands sees FY2020 EPS of $1.85-$1.90, versus the consensus of $1.72.

Strategic Alternatives Review Update

In November 2019, the Company announced that it is exploring and evaluating strategic alternatives that have the potential to maximize value for our shareholders, including but not limited to, a possible sale of the Company. Since then, management has been... More