Earnings

Yum Brands (YUM) Q4 2021 earnings miss estimates

0


Customers wearing Taco Bell foam taco hats exit the company’s restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand.

Brent Lewin | Bloomberg | Getty Images

Yum Brands on Wednesday reported mixed results for its fourth quarter as higher costs weighed on profits, leading to an earnings miss.

Shares of the company rose more than 4% in early trading.

Here’s what Yum reported for the quarter ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $1.02 adjusted vs. $1.09 expected
  • Revenue: $1.89 billion vs. $1.88 billion expected

Yum reported fourth-quarter net income of $330 million, or $1.11 per share, down from $332…



Source cnbc.com

0 0 votes
Article Rating

CVS Health (CVS) Q4 2021 earnings beat expectations

Previous article

Wall Street’s top analysts say buy Snap & Spotify

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings