Should You Bite Into Yum! Brands (YUM) Before Q2 Results?

Yum! Brands, Inc. (YUM) is slated to release second-quarter 2024 results on Aug 6, before the opening bell. In the last reported quarter, the company's earnings missed the Zacks Consensus Estimate by 4.2%. The top line declined 3% year over year, while the bottom line increased 9% from the prior-year quarter's figure. YUM surpassed earnings estimates in three out of the trailing four quarters. The average surprise over this period is 3.9%, as shown in the chart below. Image Source: Zacks Investment Research ...