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Unlocking Q3 Potential of Yum (YUM): Exploring Wall Street Estimates for Key Metrics
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The upcoming report from Yum Brands (YUM - Free Report) is expected to reveal quarterly earnings of $1.47 per share, indicating a decline of 7% compared to the year-ago period. Analysts forecast revenues of $2.06 billion, representing an increase of 3.9% year over year.
Over the last 30 days, there has been a downward revision of 6.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Yum metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Revenues- Company sales' will reach $809.46 million. The estimate indicates a year-over-year change of +16.1%.
Based on the collective assessment of analysts, 'Revenues- Franchise contributions for advertising and other services' should arrive at $418.75 million. The estimate indicates a year-over-year change of -1.7%.
It is projected by analysts that the 'Revenues- Franchise and property revenues' will reach $874.78 million. The estimate points to a change of +2.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Habit Burger Grill Division' of $135.18 million. The estimate points to a change of +0.9% from the year-ago quarter.
According to the collective judgment of analysts, 'Number of restaurants - Franchise & License - Taco Bell Division' should come in at 8,424 . The estimate is in contrast to the year-ago figure of 8,288 .
Analysts expect 'Number of restaurants - Company-owned - Taco Bell Division' to come in at 685 . The estimate compares to the year-ago value of 528 .
Analysts' assessment points toward 'Total restaurants - Taco Bell Division' reaching 9,109 . Compared to the present estimate, the company reported 8,816 in the same quarter last year.
The consensus among analysts is that 'System same-store sales - KFC Division - YoY change' will reach 2.2%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of restaurants - Company-owned - Habit Burger Grill Division' will likely reach 308 . The estimate is in contrast to the year-ago figure of 302 .
Analysts forecast 'Number of restaurants - Franchise & License - KFC Division' to reach 34,791 . Compared to the current estimate, the company reported 32,463 in the same quarter of the previous year.
The average prediction of analysts places 'Number of restaurants - Franchise & License - Habit Burger Grill Division' at 84 . Compared to the current estimate, the company reported 75 in the same quarter of the previous year.
The consensus estimate for 'System same-store sales - Taco Bell Division - YoY change' stands at -1.3%. The estimate compares to the year-ago value of 7.0%.
Shares of Yum have demonstrated returns of +10.1% over the past month compared to the Zacks S&P 500 composite's +0.9% change. With a Zacks Rank #5 (Strong Sell), YUM is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unlocking Q3 Potential of Yum (YUM): Exploring Wall Street Estimates for Key Metrics
The upcoming report from Yum Brands (YUM - Free Report) is expected to reveal quarterly earnings of $1.47 per share, indicating a decline of 7% compared to the year-ago period. Analysts forecast revenues of $2.06 billion, representing an increase of 3.9% year over year.
Over the last 30 days, there has been a downward revision of 6.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Yum metrics that Wall Street analysts commonly model and monitor.
Analysts predict that the 'Revenues- Company sales' will reach $809.46 million. The estimate indicates a year-over-year change of +16.1%.
Based on the collective assessment of analysts, 'Revenues- Franchise contributions for advertising and other services' should arrive at $418.75 million. The estimate indicates a year-over-year change of -1.7%.
It is projected by analysts that the 'Revenues- Franchise and property revenues' will reach $874.78 million. The estimate points to a change of +2.1% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenues- Habit Burger Grill Division' of $135.18 million. The estimate points to a change of +0.9% from the year-ago quarter.
According to the collective judgment of analysts, 'Number of restaurants - Franchise & License - Taco Bell Division' should come in at 8,424 . The estimate is in contrast to the year-ago figure of 8,288 .
Analysts expect 'Number of restaurants - Company-owned - Taco Bell Division' to come in at 685 . The estimate compares to the year-ago value of 528 .
Analysts' assessment points toward 'Total restaurants - Taco Bell Division' reaching 9,109 . Compared to the present estimate, the company reported 8,816 in the same quarter last year.
The consensus among analysts is that 'System same-store sales - KFC Division - YoY change' will reach 2.2%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of restaurants - Company-owned - Habit Burger Grill Division' will likely reach 308 . The estimate is in contrast to the year-ago figure of 302 .
Analysts forecast 'Number of restaurants - Franchise & License - KFC Division' to reach 34,791 . Compared to the current estimate, the company reported 32,463 in the same quarter of the previous year.
The average prediction of analysts places 'Number of restaurants - Franchise & License - Habit Burger Grill Division' at 84 . Compared to the current estimate, the company reported 75 in the same quarter of the previous year.
The consensus estimate for 'System same-store sales - Taco Bell Division - YoY change' stands at -1.3%. The estimate compares to the year-ago value of 7.0%.
View all Key Company Metrics for Yum here>>>Shares of Yum have demonstrated returns of +10.1% over the past month compared to the Zacks S&P 500 composite's +0.9% change. With a Zacks Rank #5 (Strong Sell), YUM is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .