Shares of casual dining restaurant chain operator Bloomin' Brands, Inc. (BLMN) are climbing more than 4 percent Friday morning after reporting fourth-quarter earnings above the Street view.
Excluding special items, the company posted adjusted earnings of $67.95 million or $0.75 per share, that beat the consensus estimate of 13 analysts polled by Thomson-Reuters of $0.69 per share.
Net income for the fourth quarter was $43.27 million or $0.45 per share, down from $58.05 million or $0.61 per share last year.
Revenue for the quarter rose to $1.194 billion from $1.095 billion last year. The consensus estimate was for $1.2 billion.
BLMN, currently at $27.82, has traded in the range of $22.03 - $28.75 in the last 1 year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.