We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
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) Q2 Earnings
Read MoreHide Full Article
For the quarter ended June 2024, Yum Brands (YUM - Free Report) reported revenue of $1.76 billion, up 4.5% over the same period last year. EPS came in at $1.35, compared to $1.41 in the year-ago quarter.
The reported revenue represents a surprise of -1.89% over the Zacks Consensus Estimate of $1.8 billion. With the consensus EPS estimate being $1.32, the EPS surprise was +2.27%.
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
: -3% versus the seven-analyst average estimate of -0.9%.
System same-store sales - Pizza Hut Division - YoY change
: -3% compared to the -2.6% average estimate based on seven analysts.
System same-store sales - Taco Bell Division - YoY change
: 5% compared to the 2.9% average estimate based on seven analysts.
Total restaurants - Taco Bell Division
: 8,565 versus the six-analyst average estimate of 8,613.
Revenues- Franchise contributions for advertising and other services
: $402 million compared to the $412.23 million average estimate based on seven analysts. The reported number represents a change of +2.8% year over year.
Revenues- Franchise and property revenues
: $789 million versus $811.89 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.5% change.
Revenues- Company sales
: $572 million compared to the $569.65 million average estimate based on seven analysts. The reported number represents a change of +11.9% year over year.
Revenues- KFC Division - Franchise contributions for advertising and other services
: $149 million compared to the $161.72 million average estimate based on five analysts. The reported number represents a change of -1.3% year over year.
Revenues- Habit Burger Grill Division
: $141 million versus $149.52 million estimated by five analysts on average.
Revenues- Pizza Hut Division - Franchise contributions for advertising and other services
: $89 million versus the five-analyst average estimate of $89.61 million. The reported number represents a year-over-year change of 0%.
Revenues- Taco Bell Division - Franchise contributions for advertising and other services
: $164 million versus the five-analyst average estimate of $159.62 million. The reported number represents a year-over-year change of +9.3%.
Revenues- KFC Division - Company sales
: $163 million compared to the $148.41 million average estimate based on five analysts. The reported number represents a change of +41.7% year over year.
Shares of Yum have returned +4.2% over the past month versus the Zacks S&P 500 composite's -6.7% 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) Q2 Earnings
For the quarter ended June 2024, Yum Brands (YUM - Free Report) reported revenue of $1.76 billion, up 4.5% over the same period last year. EPS came in at $1.35, compared to $1.41 in the year-ago quarter.
The reported revenue represents a surprise of -1.89% over the Zacks Consensus Estimate of $1.8 billion. With the consensus EPS estimate being $1.32, the EPS surprise was +2.27%.
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:
View all Key Company Metrics for Yum here>>>System same-store sales - KFC Division - YoY change
: -3% versus the seven-analyst average estimate of -0.9%.System same-store sales - Pizza Hut Division - YoY change
: -3% compared to the -2.6% average estimate based on seven analysts.System same-store sales - Taco Bell Division - YoY change
: 5% compared to the 2.9% average estimate based on seven analysts.Total restaurants - Taco Bell Division
: 8,565 versus the six-analyst average estimate of 8,613.Revenues- Franchise contributions for advertising and other services
: $402 million compared to the $412.23 million average estimate based on seven analysts. The reported number represents a change of +2.8% year over year.Revenues- Franchise and property revenues
: $789 million versus $811.89 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +0.5% change.Revenues- Company sales
: $572 million compared to the $569.65 million average estimate based on seven analysts. The reported number represents a change of +11.9% year over year.Revenues- KFC Division - Franchise contributions for advertising and other services
: $149 million compared to the $161.72 million average estimate based on five analysts. The reported number represents a change of -1.3% year over year.Revenues- Habit Burger Grill Division
: $141 million versus $149.52 million estimated by five analysts on average.Revenues- Pizza Hut Division - Franchise contributions for advertising and other services
: $89 million versus the five-analyst average estimate of $89.61 million. The reported number represents a year-over-year change of 0%.Revenues- Taco Bell Division - Franchise contributions for advertising and other services
: $164 million versus the five-analyst average estimate of $159.62 million. The reported number represents a year-over-year change of +9.3%.Revenues- KFC Division - Company sales
: $163 million compared to the $148.41 million average estimate based on five analysts. The reported number represents a change of +41.7% year over year.Shares of Yum have returned +4.2% over the past month versus the Zacks S&P 500 composite's -6.7% 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.