Seeking Clues to Yum (YUM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Yum!Yum!(US:YUM) Zacks Investment Research·2024-02-02 15:21

Core Insights - Yum Brands (YUM) is expected to report quarterly earnings of $1.39 per share, reflecting a year-over-year increase of 6.1% [1] - Revenues are projected to be $2.12 billion, up 4.9% from the same quarter last year [1] - Analysts have revised the consensus EPS estimate downward by 0.7% over the past 30 days, indicating a reassessment of projections [1] Revenue Estimates - Analysts estimate 'Revenues- Franchise contributions for advertising and other services' at $535.93 million, indicating a year-over-year change of +5.1% [2] - The consensus for 'Revenues- Franchise and property revenues' is $935.32 million, suggesting a change of +5.7% year over year [2] - 'Revenues- Company sales' are predicted to be $651.71 million, reflecting a year-over-year change of +4.4% [2] Division Performance - 'Revenues- KFC Division - Franchise contributions for advertising and other services' are expected to be $215.04 million, a change of +4.9% from the previous year [3] - The estimate for 'System same-store sales - KFC Division - YoY change' is 4.4%, down from 5% in the prior year [3] - 'System same-store sales - Taco Bell Division - YoY change' is projected at 3.4%, compared to 11% last year [3] Restaurant Metrics - The number of restaurants in the 'Franchise & License - KFC Division' is projected to reach 29,681, up from 27,541 year-over-year [3] - Total restaurants in the 'Taco Bell Division' are expected to be 8,604, compared to 8,218 in the same quarter last year [3] - The 'Number of restaurants - Company-owned - Taco Bell Division' is estimated at 479, up from 464 year-over-year [4] Additional Insights - The 'Number of restaurants - Franchise & License - Taco Bell Division' is forecasted to reach 8,125, compared to 7,754 last year [4] - Total restaurants in the 'Pizza Hut Division' are expected to reach 19,775, up from 19,034 in the same quarter last year [4] - The 'Number of restaurants - Company-owned - Pizza Hut Division' is projected to be 10, down from 21 year-over-year [4] Stock Performance - Yum shares have returned +1.4% over the past month, compared to the Zacks S&P 500 composite's +2.9% change [4] - With a Zacks Rank 3 (Hold), YUM is expected to mirror the overall market performance in the near future [5]