Yum China Holdings, Inc. (YUMC) reported third-quarter 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same.  The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Following the results, shares of the company gained 7.2% during trading hours on Nov. 4. Positive investor sentiments were witnessed as the company emphasized its commitment to returning capital to its shareholders while susta ...

Profits are flying higher and flowing back to shareholders.Shares of restaurant company Yum China (YUMC 7.88%), comprised mostly of Pizza Hut and KFC restaurants, jumped on Monday morning after the company reported financial results for the third quarter of 2024. Yum China stock had recently dropped about 15% from 52-week highs but it's bouncing back today, with investors enjoying a 9% gain as of 10:30 a.m. ET.Business is slow, but profits are soaringIn Q3, Yum China opened up more than 400 net new location ...

Yum China Holdings, Inc. (NYSE:YUMC) Q3 2024 Earnings Conference Call November 4, 2024 7:00 AM ET Company Participants Florence Lip - Senior Director of Investor Relations Joey Wat - Chief Executive Officer Adrian Ding - Acting Chief Financial Officer Conference Call Participants Xiaopo Wei - Citigroup Lillian Lou - Morgan Stanley Ethan Wang - CLSA Michelle Cheng - Goldman Sachs Sijie Lin - CICC Anne Ling - Jefferies Walter Woo - CMBI Linda Huang - Macquarie Operator Thank you for standing by, and welcome t ...

Yum China Holdings (YUMC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.24%. A quarter ago, it was expected that this restaurant operator in China would post earnings of $0.47 per share when it actually produced earnings of $0.55, delivering a surprise of 17.02%.Over the last fou ...

Exhibit 99.1 Yum China Reports Third Quarter Results Robust Sales Growth, Margin Expansion and 33% Diluted EPS Growth Sequential Improvement in Same-Store Sales Index and Seventh Consecutive Quarter of Same-Store Transaction Growth Operating Profit Increased by 15% to $371 Million and Core Operating Profit 1 Grew 18% Stepping up Capital Returns to Shareholders by 50% to $4.5 Billion for 2024-2026 Shanghai, China (November 4, 2024) – Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKE ...

Yum China Holdings, Inc. YUMC — the parent company of KFC, Pizza Hut, and Taco Bell — will release earnings results for its third quarter, before the opening bell on Monday, Nov. 4.Analysts expect the China-based company to report quarterly earnings at 67 cents per share, up from 59 cents per share in the year-ago period. Yum China projects to report revenue of $3.05 billion for the recent quarter, compared to $2.91 billion a year earlier, according to data from Benzinga Pro.On Aug. 5, Yum China reported se ...

Yum China Holdings, Inc. (YUMC) is scheduled to report third-quarter 2024 results on Nov. 4, before the opening bell.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate and rose 17% year over year. Total revenues missed the consensus estimate by 3.3% but inched up 1% from the year-ago quarter.YUMC’s earnings surpassed expectations in three of the trailing four quarters and missed on the rem ...

Yum China (NYSE: YUMC ) is the leading restaurant company in China. Western-styled fast food was a fairly new concept for Chinese consumers when Yum opened the first KFC in Beijing in 1987, but it met with instant success asPhilipp is a seasoned value investor with nearly 20 years of experience in the field. He takes a global approach to investment opportunities, seeking out undervalued companies that offer a significant margin of safety, leading to attractive dividend yields and returns. While he does not ...

The upcoming report from Yum China Holdings (YUMC) is expected to reveal quarterly earnings of $0.68 per share, indicating an increase of 15.3% compared to the year-ago period. Analysts forecast revenues of $3.08 billion, representing an increase of 5.7% year over year.The current level reflects a downward revision of 3.3% 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 thi ...

Yum China Holdings, Inc. (NYSE: YUMC ) operates and franchises the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang restaurant chains in China, with many of the brands being operated by Yum! Brands, Inc. (I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behi ...