Bloomin’ Brands Announces 2021 Q2 Financial Results and Strong Operating Margin Expansion

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Go back to Bloomin’ Brands Announces 2021 Q2 Financial Results and Strong Operating Margin Expansion

Goldman Sachs Upgrades Bloomin' Brands (BLMN) to Neutral

August 3, 2021 7:37 AM EDT

Goldman Sachs analyst Jared Garber upgraded Bloomin' Brands (NASDAQ: BLMN) from Sell to Neutral with a price target of $28.00 (from $26.00).

For an analyst ratings summary and ratings history on Bloomin' Brands click here. For more ratings news on Bloomin' Brands click here.

Shares of Bloomin' Brands closed at $25.46 yesterday.

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Bloomin Brands (BLMN) Gains on Upgrade to 'Buy' at Deutsche Bank After 'Pretty Outstanding Q2 Results'

August 2, 2021 8:27 AM EDT

Shares of Bloomin Brands (NASDAQ: BLMN) are up almost 4% after Deutsche Bank upgraded shares to Buy from Hold after the company reported very strong Q2 results last week.

BLMN share price gained Friday when the company reported its Q2 sales grew 86% YoY to $1.08 billion from $1.03 billion expected from analysts. Sales were boosted by a return to in-restaurant dining. Adjusted EPS of $0.81 topped the analyst consensus of $0.65.

"Q2 represented another quarter of strong results. We are well-positioned to grow sales and capture additional market share," commented CEO David Deno.

DB analyst Brian... More

Bloomin' Brands (BLMN) Tops Q2 EPS by 16c

July 30, 2021 7:03 AM EDT

Bloomin' Brands (NASDAQ: BLMN) reported Q2 EPS of $0.81, $0.16 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.03 billion.

For earnings history and earnings-related data on Bloomin' Brands (BLMN) click here.

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