Investing.com – Yum! Brands (NYSE:) reported on Thursday fourth quarter that missed analysts’ forecasts and revenue that topped expectations.
Yum! Brands announced earnings per share of $1 on revenue of $1.69B. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $1.66B. That with comparison to EPS of $0.4 on revenue of $1.56B in the same period a year before. Yum! Brands had reported EPS of $0.8 on revenue of $1.34B in the previous quarter. Analysts are expecting EPS of $0.88 and revenue of $1.32B in the upcoming quarter.
Yum! Brands shares are up 6% from the beginning of the year , still down 10.81% from its 52 week high of $119.72 set on August 1, 2019. They are outperforming the which is up 2.77% year to date.
Yum! Brands follows other major Services sector earnings this month
Yum! Brands’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Visa A had matched expectations on January 30 with first quarter EPS of $1.46 on revenue of $6.05B, compared to forecast for EPS of $1.46 on revenue of $6.08B.
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