Analysts Estimate Bloomin' Brands (BLMN) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Bloomin' Brands due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show earnings of $0.57 per share, reflecting a 23% decrease year-over-year [3]. - Revenues are projected to be $1.13 billion, down 2.2% from the same quarter last year [4]. Estimate Revisions - The consensus EPS estimate has been revised down by 9.91% over the last 30 days, indicating a reassessment by analysts [5]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, leading to a negative Earnings ESP of -5.74%, suggesting bearish sentiment among analysts [13][14]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a strong Zacks Rank [8]. - Bloomin' Brands currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [9][13]. Historical Performance - In the last four quarters, Bloomin' Brands has beaten consensus EPS estimates three times, which may influence future expectations [16]. Conclusion - Despite the historical performance, the current indicators suggest that Bloomin' Brands may not be a compelling candidate for an earnings beat, and investors should consider other factors before making decisions [18].