Bloomin' Brands Q2 Profit Rises - Quick Facts

(RTTNews) - Bloomin' Brands Inc. (BLMN) reported that its second-quarter net income attributable to company increased to $74.87 million or $0.58 per share, from $17.44 million or $0.16 per share, last year. Adjusted net income attributable to Bloomin' Brands, Inc. was $31.79 million or $0.25 per share for the quarter.

On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.23 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $1.02 billion from $980.87 million last year. Analysts expected revenue of $1.03 billion for the quarter.

For the full year, the company continues to expect adjusted earnings per pro forma share to be at least $1.10. Analysts expect the company to report profit per share of $1.13 for the full year.