Yum! Brands (YUM) Earnings Surpass Estimates in Q2

YUM

Yum! Brands, Inc. (YUM - Free Report) , a leading multi-branding company which offers consumers more choice and convenience at one outlet. Its brands - KFC, Pizza Hut and Taco Bell - are regarded as the global leaders of the chicken, pizza and Mexican-style food categories.

Yum! Brands endeavors to drive growth by employing greater focus on the development of its three iconic global brands, increasing its franchise ownership, and creating a leaner, more efficient cost structure.

Investors should also note that earnings estimates have been stable over the past 30 days. YUM’s earnings have been mostly strong over the past few quarters. In fact, the company’s earnings surpassed the Zacks Consensus Estimate in the last four quarters, with an average beat of 16.7%.

YUM currently has a Zacks Rank #3 (Hold) but that could change following Yum! Brands’ earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: YUM beats on earnings. Our consensus earnings estimate called for earnings per share of 74 cents per share, and the company reported earnings of 82 cents per share.

Revenues: YUM reported revenues of $1,368 million. This was almost in line with our consensus estimate of $1,367 million.

Yum! Brands, Inc. Price, Consensus and EPS Surprise

Key Stats to Note: In second-quarter 2018, comps at the KFC and Taco Bell division were up 2% each. However, comps at Pizza Hut declined 1%.

Check back later for our full write up on this YUM earnings report!

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Zacks 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.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>