Yum! Brands Earnings, Revenue Miss in Q2
2022.08.03 14:29
Yum! Brands Earnings, Revenue Miss in Q2
Investing.com – Yum! Brands (NYSE:YUM) reported on Wednesday second quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.
Yum! Brands announced earnings per share of $1.05 on revenue of $1.64B. Analysts polled by Investing.com anticipated EPS of $1.09 on revenue of $1.65B.
Yum! Brands shares are down 12% from the beginning of the year, still down 12.67% from its 52 week high of $139.85 set on December 29, 2021. They are outperforming the S&P 500 which is down 14.16% 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 July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
