Yum! Brands Earnings Beat, Revenue Misses In Q1
2022.05.04 15:02
Yum! Brands Earnings Beat, Revenue Misses In Q1
Investing.com – Yum! Brands (NYSE:YUM) reported on Wednesday first quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Yum! Brands announced earnings per share of $1.36 on revenue of $1.55B. Analysts polled by Investing.com anticipated EPS of $1.07 on revenue of $1.59B.
Yum! Brands shares are down 23.86% from the beginning of the year, still down 17.72% from its 52 week high of $139.85 set on December 29, 2021. They are under-performing the S&P 500 which is down 12.39% from the start of the year.
Yum! Brands follows other major Consumer Discretionary sector earnings this month
Yum! Brands’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
