Stay Ahead of the Game With Yum (YUM) Q3 Earnings: Wall Street's Insights on Key Metrics

Core Insights - Yum Brands (YUM) is expected to report quarterly earnings of $1.47 per share, reflecting a 7.3% increase year-over-year, with revenues projected at $1.96 billion, a 7.4% increase from the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised upward by 0.8% in the last 30 days, indicating analysts' reassessment of their initial estimates [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts forecast 'Revenues- Company sales' to reach $683.03 million, representing a 10% increase from the prior-year quarter [4]. - The consensus for 'Revenues- Franchise and property revenues' is $855.08 million, indicating a 6.4% increase year-over-year [5]. - 'Revenues- Franchise contributions for advertising and other services' are expected to be $426.27 million, reflecting a 6.3% increase from the previous year [5]. Division-Specific Metrics - The KFC Division's 'Franchise contributions for advertising and other services' are estimated at $162.06 million, a 9.5% year-over-year increase, with the number of KFC franchise and license restaurants projected at 32,384, up from 30,684 [6]. - The Taco Bell Division is projected to have a total of 8,816 restaurants, compared to 8,594 last year, with company-owned locations expected to reach 525, up from 491 [7]. - The Taco Bell franchise and license restaurants are estimated at 8,291, an increase from 8,103 in the same quarter last year [8]. - The Pizza Hut Division is expected to have 20,031 restaurants, compared to 19,927 in the same quarter last year [8]. Overall Restaurant Metrics - The total number of restaurants across all divisions is projected to be 62,097, up from 60,045 year-over-year [9]. - The number of company-owned KFC restaurants is expected to be 481, compared to 459 last year [9]. - System same-store sales for the Taco Bell Division are projected to increase by 5.1% year-over-year, up from 4.0% [9]. Stock Performance - Yum Brands shares have decreased by 8.1% over the past month, contrasting with a 2.1% increase in the Zacks S&P 500 composite, and the company holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [10].