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Yum! Brands announced earnings per share of $0.64 on revenue of $1.26B. Analysts polled by Investing.com anticipated EPS of $0.69 on revenue of $1.23B. That with comparison to EPS of $0.82 on revenue of $1.25B in the same period a year before. Yum! Brands had reported EPS of $1 on revenue of $1.69B in the previous quarter. Analysts are expecting EPS of $0.57 and revenue of $1.13B in the upcoming quarter.
Yum! Brands shares are down 12% from the beginning of the year , still down 26.27% from its 52 week high of $119.72 set on August 1, 2019. They are broadly in line with the S&P 500 which is down 11.75% year to date.
Yum! Brands’s report follows an earnings beat by Verizon on Friday, who reported EPS of $1.26 on revenue of $31.61B, compared to forecasts EPS of $1.22 on revenue of $32.38B.
AT&T had missed expectations on April 22 with first quarter EPS of $0.84 on revenue of $42.78B, compared to forecast for EPS of $0.85 on revenue of $44.2B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
