Key TakeawaysTaco Bell sales help offset weakness in other Yum! Brands franchises, boosting shares of the company.Same-store sales at Taco Bell advanced 4%, while they dropped 4% at KFC and Pizza Hut.CEO David Gibbs said the fast-food restaurant chain's results were impacted by geopolitical conflicts and a weak consumer environment. Shares of Yum! Brands (YUM) advanced as the restaurant chain operator got a boost from its Taco Bell franchise. In the third quarter, Taco Bell same-store sales rose 4%. That h ...

Yum! Brands, Inc. (NYSE:YUM) Q3 2024 Earnings Conference Call November 5, 2024 7:45 AM ET Company Participants Matt Morris - Head, Investor Relations David Gibbs - CEO Chris Turner - CFO Conference Call Participants Gregory Francfort - Guggenheim Securities Brian Bittner - Oppenheimer Jon Tower - Citi Dennis Geiger - UBS David Palmer - Evercore ISI John Ivankoe - JPMorgan David Tarantino - Baird Operator Welcome, everyone, to the Yum! Brands 2024 Third Quarter Earnings Call. My name is Lauren, and I will be ...

Yum Brands (YUM) reported $1.83 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.9%. EPS of $1.37 for the same period compares to $1.44 a year ago.The reported revenue represents a surprise of -3.34% over the Zacks Consensus Estimate of $1.89 billion. With the consensus EPS estimate being $1.41, the EPS surprise was -2.84%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Yum Brands (YUM) came out with quarterly earnings of $1.37 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.84%. A quarter ago, it was expected that this parent company of KFC, Taco Bell and Pizza Hut would post earnings of $1.32 per share when it actually produced earnings of $1.35, delivering a surprise of 2.27%.Over the ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Yum Brands on Tuesday reported quarterly earnings and revenue that missed Wall Street's expectation as same-store sales at KFC and Pizza Hut slid more than expected.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.37 adjusted vs. $1.41 expectedRevenue: $1.83 billion vs. $1.90 billion expectedYum reported third-quarter net income of $382 million, or $1.35 per share, down from $416 million, or $1.46 per share, a year ea ...

NEWS Yum! Brands Reports Third-Quarter Results Taco Bell U.S. Same-Store Sales Growth +4%; KFC International Unit Growth +9% Digital Sales Mix Exceeding 50% Louisville, KY (November 5, 2024) - Yum! Brands, Inc. (NYSE: YUM) today reported results for the third quarter ended September 30, 2024. Worldwide system sales, excluding foreign currency translation, grew 1% reflecting 5% unit growth. Third-quarter GAAP operating profit grew 1% and third-quarter core operating profit grew 3%. Third-quarter GAAP EPS was ...

Yum! Brands, Inc. (YUM) is slated to release third-quarter 2024 results on Nov. 5, before the opening bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 2.3%. YUM surpassed earnings estimates in two of the trailing four quarters and missed twice. The average surprise in this period is 0.8%, as shown in the chart below. Image Source: Zacks Investment ResearchStay up-to-date with all quarterly releases: See Zacks Earnings Calendar.YUM’s Q3 Estimate RevisionsThe Zack ...

Wall Street analysts expect Yum Brands (YUM) to post quarterly earnings of $1.41 per share in its upcoming report, which indicates a year-over-year decline of 2.1%. Revenues are expected to be $1.89 billion, up 10.6% from the year-ago quarter.The current level reflects a downward revision of 0.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company ...

The market expects Yum Brands (YUM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...