Bloomin' Brands: Q3 Earnings Snapshot

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Bloomin' Brands Inc. (BLMN) on Friday reported a loss of $2.2 million in its third quarter.

The Tampa, Florida-based company said it had a loss of 3 cents per share. Losses, adjusted for non-recurring gains, were 17 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 24 cents per share.

The owner of Outback Steakhouse and other casual dining spots posted revenue of $944.3 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $924.4 million.

For the current quarter ending in December, Bloomin' Brands expects its per-share earnings to range from 7 cents to 12 cents.

The company expects full-year earnings in the range of 97 cents to $1.02 per share.

Bloomin' Brands shares have increased 70% since the beginning of the year. The stock has climbed 45% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLMN at https://www.zacks.com/ap/BLMN