Yum Brands shares up 2.2% premarket after earnings top estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Yum Brands shares up 2% early after earnings at Taco Bell parent top estimates

An earlier version of this report had an incorrect number for overall same-store sales growth. It has been corrected.

Yum Brands Inc. shares YUM, -0.64% rose 2.2% in premarket trade Thursday, after the operator of Taco Bell, Pizza Hut and KFC Restaurants topped earnings estimates for the second quarter. The company said it had net income of $289 million, or 92 cents a share, in the quarter, down from $321 million, or 97 cents a share, in the year-earlier period. Adjusted per-share earnings came to 93 cents, ahead of the 87 cents FactSet consensus. Revenue edged down to $1.310 billion from $1.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 3. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Shares of Taco Bell-owner Yum Brands jump as earnings top estimatesTaco Bell, KFC and Pizza Hut owner reported second quarter earnings that topped expectations, fueled by stronger same-store sales growth across all its brands. Lots of my money is in that pile. Damn nacho fries are addicting.
Bron: CNBC - 🏆 12. / 72 Lees verder »