Taco Bell parent's stock falls on earnings miss

Net sales rose 9% to $1.69 billion, topping expectations of $1.66 billion.

Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken and Taco Bell restaurant in Lockport, Illinois, U.S., on Tuesday, Feb. 5, 2019.on Thursday reported quarterly earnings that fell short of analysts' expectations.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.69 billion, vs. $1.

Excluding items, Yum earned $1.00 per share, missing the $1.13 per share expected by analysts surveyed by Refinitiv.

faylonyx L

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

GM is set to report earnings before the bell – here's what the Street expectsWall Street's attention is expected to be on the Detroit automaker's operations in China, which experienced a 15% sales decline last year, as well as the company's 2020 outlook.
La source: CNBC - 🏆 12. / 72 Lire la suite »

10 things you need to know before the opening bell - Business Insider10 things you need to know before the opening bell
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Twitter is set to report fourth-quarter earnings before the bellTwitter will likely address several headwinds it faced in the previous quarter around its advertising product. I wish they’d stop banning everyone that has interesting opinions. That’d be cool. I hope they miss earnings. Can you please add the much asked for and needed, edit feature
La source: CNBC - 🏆 12. / 72 Lire la suite »