Signage is displayed outside a Yum! Brands Inc. Taco Bell restaurant in Lockport, Illinois.
Daniel Acker | Bloomberg | Getty Images
Yum Brands on Thursday reported that its quarterly revenue rose 8%, fueled by Taco Bell’s return to positive same-store sales growth.
Shares of the company rose more than 2% in premarket trading.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: $1.01, adjusted, vs. 80 cents expected
- Revenue: $1.45 billion vs. $1.42 billion expected
Yum reported third-quarter net income of $283 million, or 92 cents per share, up from $255 million, or 81 cents per share, a year…