Yum!(US:YUM) ZACKS·2024-07-30 15:07Company Overview - Yum Brands, the parent company of KFC, Taco Bell, and Pizza Hut, is expected to report quarterly earnings of $1.32 per share, reflecting a year-over-year decline of 6.4% [2] - Revenues are anticipated to reach $1.8 billion, which represents a 6.5% increase from the same quarter last year [2] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 0.64% over the last 30 days, indicating a reassessment by analysts [3] - The Most Accurate Estimate for Yum is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.33% [6] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] - Yum currently holds a Zacks Rank of 3, indicating a hold rating, which suggests a moderate outlook for the upcoming earnings report [6][7] Historical Performance - In the last reported quarter, Yum was expected to post earnings of $1.20 per share but delivered only $1.15, resulting in a surprise of -4.17% [8] - Over the past four quarters, Yum has beaten consensus EPS estimates two times [8] Industry Context - In the Zacks Retail - Restaurants industry, El Pollo Loco Holdings is expected to report earnings of $0.21 per share, reflecting a year-over-year decline of 8.7% [10] - El Pollo Loco's revenue is projected to be $121.06 million, down 0.4% from the previous year, with an Earnings ESP of -3.23% [10]