We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Here's What Key Metrics Tell Us About Yum (YUM) Q4 Earnings
Read MoreHide Full Article
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.
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.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Here's What Key Metrics Tell Us About Yum (YUM) Q4 Earnings
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.