Benzinga | Jul 24, 2020 07:01AM EDT

Bloomin Brands Q2 EPS $(1.05) Beats $(1.15) Estimate, Sales $578.46M Miss $589.50M Estimate

Bloomin Brands (NASDAQ:BLMN) reported quarterly losses of $(1.05) per share which beat the analyst consensus estimate of $(1.15) by 8.7 percent. This is a 391.67 percent decrease over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $578.46 million which missed the analyst consensus estimate of $589.50 million by 1.87 percent. This is a 43.40 percent decrease over sales of $1.02 billion the same period last year.