Yum! Brands, Inc. (NYSE:YUM) is set to announce third quarter earning results on Thursday 29th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, YUM to report 3Q20 income of $ 0.80 per share.
For the full year, analysts anticipate top line of $ 5596.13 million, while looking forward to income of $ 3.22 per share bottom line.
Previous Quarter Performance
Yum! Brands, Inc. unveiled income for the second quarter of $ 0.82 per share, from the revenue of $ 1,198.00 million. The quarterly earnings fell 11.83 percent while revenues dropped 8.55 percent compared with the same quarter last year.
Street analysts expected Yum! Brands, Inc. to report income of $ 0.54 per share on revenue of $ 1185.41 million for the second quarter. The bottom line results beat street analysts by $ 0.28 or 51.85 percent, at the same time, top line results outshined analysts by $ 12.59 million or 1.06 percent.
Stock Performance
Shares of Yum! Brands, Inc. traded low $ -2.93 or -2.99 percent on Wednesday, reaching $ 95.06 with volume of 1.53 million shares. Yum! Brands, Inc. has traded high as $ 97.20 and has cracked $ 94.89 on the downward trend
According to the previous trading day, closing price of $ 95.06, representing a 78.33 % increase from the 52 week low of $ 54.95 and a 8.95 % decrease over the 52 week high of $ 107.62.
The company has a market capital of $ 28.65 billion and is part of the Consumer Cyclical sector and Restaurants industry.
Recent Stock Dividend Announcement
On August 13, 2020, the board of directors authorized quarterly dividend of $ 0.47 per share to holders of record as of the close of business on August 26, 2020, with payment date of September 11, 2020 and ex-dividend date on August 25, 2020.
Conference Call
Yum! Brands, Inc. will be hosting a conference call at 8:15 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.yum.com
YUM! Brands, Inc., together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division.
