Yum! Brands, Inc. (YUM – Free Report) , a leading multi-branding company which offers consumers more choice and convenience at one outlet. Its brands – KFC, Pizza Hut and Taco Bell – are regarded as the global leaders of the chicken, pizza and Mexican-style food categories.
Yum! Brands endeavors to drive growth by employing greater focus on the development of its three iconic global brands, increasing its franchise ownership, and creating a leaner, more efficient cost structure.
Investors should note that over the past month, the stock has witnessed upward revisions for 2018. YUM’s earnings have been mostly strong over the past few quarters. In fact, the company’s earnings surpassed the Zacks Consensus Estimate in the last four quarters, with an average beat of 10.7%.
YUM currently has a Zacks Rank #3 (Hold) but that could change following Yum! Brands’ earnings report which was just released.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: YUM beats on earnings. Our consensus earnings estimate called for earnings per share of 68 cents per share, and the company reported earnings of 90 cents per share.
Revenues: YUM reported revenues of $1,371 million. This surpassed our consensus estimate of $1,082 million.
Yum! Brands, Inc. Price, Consensus and EPS Surprise
Yum! Brands, Inc. Price, Consensus and EPS Surprise | Yum! Brands, Inc. Quote
Key Stats to Note: In first-quarter 2018, comps at the KFC, Pizza Hut and Taco Bell division were up 2%, 1% and 1%, respectively.
