Bloomin' Brands (BLMN) Q1 Earnings and Revenues Lag Estimates

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.68 per share when it actually produced earnings of $0.75, delivering a surprise o ...