09:29 AM EDT, 08/06/2024 (MT Newswires) -- Bloomin' Brands ( BLMN ) reported Q2 adjusted earnings Tuesday of $0.51 per diluted share, down from $0.70 a year earlier.

Analysts polled by Capital IQ expected $0.58.

Revenue for the quarter ended June 30 was $1.12 billion, down from $1.15 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.13 billion.

The company said it expects Q3 adjusted diluted EPS of $0.17 to $0.25. Analysts surveyed by Capital IQ expect $0.39.

The company now expects 2024 adjusted diluted EPS of $2.10 to $2.30, compared with its previous guidance of $2.51 to $2.66. Analysts polled by Capital IQ expect $2.42.

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