Bloomin' Brands (BLMN) Tops Q2 EPS by 9c

Bloomin' Brands (NASDAQ: BLMN) reported Q2 EPS of $0.38, $0.09 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $1.05 billion.

Comparable restaurant sales were up 4.0% at U.S.

• We are reaffirming our full-year adjusted diluted earnings per share guidance of $1.38 to $1.45. The benefit of stronger than expected U.S. comparable restaurant sales and our lower than expected tax rate are expected to be offset by political headwinds and foreign currency translation losses impacting our business in Brazil.

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

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