Shares of Bloomin Brands (NASDAQ:BLMN) rose 1.2% in pre-market trading after the company reported Q1 results.
Earnings per share fell 81.33% year over year to $0.14, which missed the estimate of $0.20.
Revenue of $1,008,000,000 less by 10.64% year over year, which beat the estimate of $986,000,000.
Bloomin Brands hasn't issued any earnings guidance for the time being.
Bloomin Brands hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: May 08, 2020
Webcast URL: https://edge.media-server.com/mmc/p/9nri2rzs
Recent Stock Performance
52-week high: $24.29
Company's 52-week low was at $4.54
Price action over last quarter: down 58.35%
Bloomin Brands Inc operates as a casual dining restaurant company. Its brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.
See more from Benzinga
- Orthofix Medical: Q1 Earnings Insights
- Harsco: Q1 Earnings Insights
- Recap: Mersana Therapeutics Q1 Earnings
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.