Yum!(US:YUM) ZACKS·2024-08-06 13:10Company Performance - Yum Brands reported quarterly earnings of $1.35 per share, exceeding the Zacks Consensus Estimate of $1.32 per share, but down from $1.41 per share a year ago, indicating a 4.25% year-over-year decline [1] - The company posted revenues of $1.76 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 1.89%, and showing an increase from $1.69 billion year-over-year [1] - Over the last four quarters, Yum has surpassed consensus EPS estimates two times but has not beaten consensus revenue estimates [1] Stock Outlook - Yum shares have increased approximately 2% since the beginning of the year, underperforming the S&P 500, which gained 8.7% [2] - The current consensus EPS estimate for the upcoming quarter is $1.47 on revenues of $1.91 billion, and for the current fiscal year, it is $5.64 on revenues of $7.68 billion [4] Industry Context - The Retail - Restaurants industry, to which Yum belongs, is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - Another company in the same industry, Dutch Bros, is expected to report quarterly earnings of $0.13 per share, with revenues projected to be $317.07 million, reflecting a 26.9% increase from the year-ago quarter [6]