Bloomin' Brands (BLMN) Q2 Earnings and Revenues Miss Estimates

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.53%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.75 per share when it actually produced earnings of $0.70, delivering a surprise ...