Bloomin’ Brands: Q2 Earnings Snapshot

Bloomin’ Brands Inc. reported Q2 net income of $31.3 million with 36 cents per share profit, exceeding Wall Street’s 28 cents per share estimate. Revenue reached $1.02 billion, above expectations of $999.1 million. The company anticipates a loss for the current quarter but forecasts full-year earnings between 90 cents to $1 per share.