Yum Brands quarterly earnings top expectations

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Yum Brands reported earnings before the bell Wednesday.

Scott Mlyn | CNBCShares of the company were up less than 1% in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.25 billion, matching expectationsTaco Bell's parent company reported fiscal first-quarter net income of $262 million, or 83 cents per share, down from $433 million, or $1.27 per share, a year earlier.

Excluding items, Yum earned 82 cents per share, topping the 81 cents per share expected by analysts surveyed by Refinitiv.

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