Yum China (YUMC) Q1 Earnings and Revenues Surpass Estimates

Yum China Holdings, Inc. (YUMC) reported impressive first-quarter 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis. The upside can be attributed to robust total system sales growth and new unit contribution.Earnings & Revenue DiscussionIn first-quarter 2024, the company reported adjusted earnings per share (EPS) of 71 cents, beating the Zacks Consensus Estimate of 66 cents. The bottom line moved up 2.9% from 69 cen ...