09:08 AM EDT, 05/07/2024 (MT Newswires) -- Bloomin' Brands ( BLMN ) reported Q1 adjusted earnings Tuesday of $0.70 per diluted share, down from $0.98 a year earlier.

Analysts polled by Capital IQ expected $0.74.

Revenue for the quarter ended March 31 was $1.2 billion, down from $1.24 billion a year earlier.

Analysts polled by Capital IQ expected $1.2 billion.

The company said it continues to expect 2024 adjusted diluted EPS of $2.51 to $2.66. Analysts surveyed by Capital IQ are expecting $2.55.

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