Bloomin' Brands (BLMN) Tops Q4 EPS by 4c

Bloomin' Brands (NASDAQ: BLMN) reported Q4 EPS of $0.30, $0.04 better than the analyst estimate of $0.26. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1 billion.

GUIDANCE:

Bloomin' Brands sees FY2019 EPS of $1.53-$1.61, versus the consensus of $1.51.

• Comparable restaurant sales increased 2.9% at U.S. Outback Steakhouse(1)
• Combined U.S. comparable restaurant sales increased 1.6%(1) and include an estimated negative (0.4%) impact from holiday shift
• Comparable restaurant sales increased 2.4% for Outback Steakhouse in Brazil

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

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