Cars waiting in line at the drive through lane of Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurants in Lockport, Illinois.
Daniel Acker | Bloomberg | Getty Images
Yum Brands On Wednesday, it reported quarterly revenue and earnings that topped analysts’ expectations, thanks to strong same-store sales growth at Taco Bell.
Shares of the company were flat in premarket trading.
Based on a survey of analysts by Refinitiv, what the company reported compared to Wall Street expectations:
- Earnings per share: $1.31 adjusted vs $1.26 expected
- Revenue: $2.02 billion vs. $1.92 billion expected
Yum reported fourth-quarter net income of $371 million, or $1.29 per share, up from $330 million, or $1.11 per share, a year earlier.
Excluding items, the company earned $1.31 cents per share.
Net sales 7 percent to $2.02 billion.
Read Yum Brands’ full earnings report here.
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