Yum Brands (YUM - Free Report) reported $2.04 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of $1.26 for the same period compares to $1.31 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.12 billion, representing a surprise of -3.79%. The company delivered an EPS surprise of -9.35%, with the consensus EPS estimate being $1.39.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Yum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- System same-store sales - KFC Division - YoY change: 2% versus the eight-analyst average estimate of 4.2%.
- System same-store sales - Taco Bell Division - YoY change: 3% compared to the 3.4% average estimate based on eight analysts.
- System same-store sales - Pizza Hut Division - YoY change: -2% versus the eight-analyst average estimate of 1.5%.
- Total restaurants - Taco Bell Division: 8,564 versus 8,602 estimated by seven analysts on average.
- Revenues- Franchise and property revenues: $896 million versus $934.19 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
- Revenues- Franchise contributions for advertising and other services: $493 million compared to the $535.30 million average estimate based on eight analysts. The reported number represents a change of -3.3% year over year.
- Revenues- Company sales: $647 million versus the eight-analyst average estimate of $651.71 million. The reported number represents a year-over-year change of +3.7%.
- Revenues- KFC Division - Franchise contributions for advertising and other services: $175 million versus the five-analyst average estimate of $215.04 million. The reported number represents a year-over-year change of -14.6%.
- Revenues- Habit Burger Grill Division: $175 million versus $182.01 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.7% change.
- Revenues- Pizza Hut Division - Franchise contributions for advertising and other services: $110 million versus the five-analyst average estimate of $117.17 million. The reported number represents a year-over-year change of -1.8%.
- Revenues- Taco Bell Division - Franchise contributions for advertising and other services: $207 million versus $200.96 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
- Revenues- Habit Burger Grill Division - Company sales: $171 million compared to the $179.39 million average estimate based on five analysts. The reported number represents a change of +1.8% year over year.
View all Key Company Metrics for Yum here>>>Shares of Yum have returned -0.7% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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Yum Brands (YUM - Free Report) reported $2.04 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of $1.26 for the same period compares to $1.31 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $2.12 billion, representing a surprise of -3.79%. The company delivered an EPS surprise of -9.35%, with the consensus EPS estimate being $1.39.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Yum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- System same-store sales - KFC Division - YoY change: 2% versus the eight-analyst average estimate of 4.2%.
- System same-store sales - Taco Bell Division - YoY change: 3% compared to the 3.4% average estimate based on eight analysts.
- System same-store sales - Pizza Hut Division - YoY change: -2% versus the eight-analyst average estimate of 1.5%.
- Total restaurants - Taco Bell Division: 8,564 versus 8,602 estimated by seven analysts on average.
- Revenues- Franchise and property revenues: $896 million versus $934.19 million estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
- Revenues- Franchise contributions for advertising and other services: $493 million compared to the $535.30 million average estimate based on eight analysts. The reported number represents a change of -3.3% year over year.
- Revenues- Company sales: $647 million versus the eight-analyst average estimate of $651.71 million. The reported number represents a year-over-year change of +3.7%.
- Revenues- KFC Division - Franchise contributions for advertising and other services: $175 million versus the five-analyst average estimate of $215.04 million. The reported number represents a year-over-year change of -14.6%.
- Revenues- Habit Burger Grill Division: $175 million versus $182.01 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.7% change.
- Revenues- Pizza Hut Division - Franchise contributions for advertising and other services: $110 million versus the five-analyst average estimate of $117.17 million. The reported number represents a year-over-year change of -1.8%.
- Revenues- Taco Bell Division - Franchise contributions for advertising and other services: $207 million versus $200.96 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.8% change.
- Revenues- Habit Burger Grill Division - Company sales: $171 million compared to the $179.39 million average estimate based on five analysts. The reported number represents a change of +1.8% year over year.
View all Key Company Metrics for Yum here>>>Shares of Yum have returned -0.7% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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