USSTOCK.TODAY
Market Closed
Log in Sign up

Bloomin' Brands beats expectations with $2.2 million third-quarter loss

Associated Press +2 · ·by G4L

BLMN
BLMN Bloomin Brands Inc
$10.12 -1.08%
View chart & analysis →
  1. 1Bloomin' Brands reported a loss of 3 cents per share for the third quarter.
  2. 2Bloomin' Brands recorded revenue of $944.3 million, exceeding market expectations.
  3. 3Bloomin' Brands expects earnings per share for the quarter ending in December to be in the 7 to 12 cent range.

So what's the key point?

Bloomin' Brands generated more revenue in the third quarter than expected. Since the results were better than what experts predicted, there is anticipation for future profits.

Source Associated Press +2 · View original ↗

Related 3-line summaries

Bloomin' Brands Records $944 Million in Q3 Revenue and Pursues Turnaround Strategy The Motley Fool · 5d agoOutback Steakhouse franchisee Cerca Trova Restaurant Group Holdings files for bankruptcy USA TODAY +3 · 6d agoOut West Restaurant Group, an Outback Steakhouse franchisee, files for bankruptcy FSR +1 · Nov 2
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news