Yum China Holdings, Inc. (NYSE:YUMC) is expected to report third quarter earnings results, after market close, on Wednesday 28th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.49 per share.
Looking ahead, the full year income are expected at $ 1.15 per share on the revenues of $ 8036.87 million.
Previous Quarter Performance
Yum China Holdings, Inc. posted income for the second quarter of $ 0.35 per share, from the revenue of $ 1,902.00 million. The consensus estimates are income of $ 0.24 per share from $ 1960.00 million in revenue. The bottom line results beat street analysts by $ 0.11 or 45.83 percent, at the same time, top line results fell short of analysts by $ 58 million or 2.96 percent.
Stock Performance
Shares of Yum China Holdings, Inc. traded low $ -0.65 or -1.19 percent on Tuesday, reaching $ 53.98 with volume of 2.00 million shares. Yum China Holdings, Inc. has traded high as $ 54.84 and has cracked $ 53.97 on the downward trend
According to the previous trading day, closing price of $ 53.98, representing a 42.53 % increase from the 52 week low of $ 38.33 and a 7.95 % decrease over the 52 week high of $ 59.35.
The company has a market capital of $ 22.62 billion and is part of the Consumer Cyclical sector and Restaurants industry.
Conference Call
Yum China Holdings, Inc. will be hosting a conference call at 8:00 PM eastern time on 28th 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.yumchina.com
Yum China Holdings, Inc. owns, operates, and franchises restaurants in China. The company operates in two segments, KFC and Pizza Hut.
