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YUM! Brands (YUM) Q1 Earnings & Revenues Beat Estimates


YUM! Brands (YUM) Q1 Earnings & Revenues Beat Estimates
Zacks.com
8 hrs ago
YUM! Brands, Inc. YUM reported strong first-quarter 2021 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Both the metrics also improved year over year. Following the results, the company’s shares are up 1.4% in pre-market trading session.
Notably, strong digital sales coupled with the company’s capabilities to adjust operations and marketing worldwide helped it amid the challenging scenario. During the first quarter, the company reported digital sales of more than $5 billion.
Earnings and Revenue Discussion
During the first quarter, the company’s adjusted earnings of $1.07 beat the Zacks Consensus Estimate of 85 cents by 25.9%. In the prior-year quarter, the company had reported adjusted earnings of 64 cents. ....

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Yum! Brands Q4 Results Top Estimates


Yum! Brands Q4 Results Top Estimates
Both adjusted earnings per share and quarterly revenues topped analysts expectations.
David Gibbs, CEO, said Yum! enters 2021 a stronger company primed to profitably grow system sales this year and beyond.
Yum! Brands fourth-quarter net income dropped 32 percent to $332 million or $1.08 per share from $488 million or $1.58 per share in the prior year.
Earnings per share, excluding special items, for the fourth-quarter was $1.15 compared to $1.00 in the prior year. Analysts polled by Thomson Reuters expected the company to report earnings of $1.01 per share for the fourth-quarter. Analysts estimates typically exclude special items.
Total costs and expenses increased to $1.26 billion from $1.15 billion in the previous year. ....

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Taco Bell helps Yum Brands beat analysts' Q4 estimates


Photo: iStock
Feb. 4, 2021
The fourth quarter of 2020 worked out pretty well for Louisville, Kentucky-based Yum Brands, which beat analysts estimates thanks to Taco Bell, which recorded a 1% sales increase to $3.67 million. Sister brands, Pizza Hut and KFC, were dragged down by their international sales declines, according to a company press release.
YUM earnings per share handily topped analysts prediction of $1.01 per share by coming in at $1.15 per share adjusted. That s a 15% gain over the previous year s quarter. Revenue also exceeded expectations of $1.72 billion, coming in at $1.74 billion. Other results included:
Yum Brands full-year EPS for 2020 also managed a 2% increase to $3.62 though EPS for Q4, which ended Dec. 31, fell 32% to $1.08,. Full-year GAAP EPS was $2.94, down 29%, according to the company s quarterly results released this morning. The company reporter Q4 net income of $332 million, or $1.08 per share, down from $488 million, or $1.58 per sh ....

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