01.05.2024 13:09:03 - dpa-AFX: Yum! Brands Inc. Q1 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - Yum! Brands Inc. (YUM) released a profit for its
first quarter that increased from the same period last year but missed the
Street estimates.

The company's earnings came in at $314 million, or $1.10 per share. This
compares with $300 million, or $1.05 per share, in last year's first quarter.

Excluding items, Yum! Brands Inc. reported adjusted earnings of $328 million or
$1.15 per share for the period.

Analysts on average had expected the company to earn $1.20 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 3.0% to $1.60 billion from $1.65
billion last year.

Yum! Brands Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $314 Mln. vs. $300 Mln. last year.
-EPS (Q1): $1.10 vs. $1.05 last year.
-Revenue (Q1): $1.60 Bln vs. $1.65 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
YUM BRANDS 909190 Xetra 126,750 24.05.24 17:35:33 +0,050 +0,04% 0,000 0,000 126,750 126,750

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