YUM! Brands' (YUM) Stock Down on Q4 Earnings & Revenue Miss
YUM! Brands, Inc. (YUM) reported fourth-quarter 2023 results, wherein both earnings and revenues missed the Zacks Consensus Estimate. Revenues missed the consensus estimate for the third straight quarter.Following the results, shares of the company declined 2.4% in the pre-market trading session on Feb 7.Earnings and Revenue DiscussionIn fourth-quarter 2023, the company's adjusted earnings per share (EPS) came in at 1.39. The metric decreased 5% year over year ...