Market Overview

Yum! Brands Expected To Deliver Double-Digit YoY Decline In Earnings

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Yum! Brands, Inc. (NYSE: YUM) is scheduled to announce its second quarter financial results on Tuesday, July 14, after the market closes. According to Estimize, the company is expected to deliver a double-digit year-over-year decline in earnings.

In the second quarter of 2014, earnings came in at $0.73 per share, on revenue of $3.204 billion. For the current quarter, the Street is modeling consensus earnings of $0.63 per share (down 13.6 percent year-over-year) on sales of $3.177 billion.

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The crowd is more bullish, and anticipates consensus earnings of $0.67 per share on revenue of $3.203 billion.

The second chart illustrates the evolution of sentiment over time. Both the Street and the crowd have been becoming more bearish on Yum’s earnings as the report date loomed.

In an article published Friday, analysts at Zacks also preview Yum’s results. They warn that, after last year’s recent food safety scandal, it will be difficult for the company to post positive comps growth in China this quarter.

Nevertheless, the firm believes that Yum’s U.S. division is “poised to perform better in the to-be-reported quarter.

Latest Ratings for YUM

DateFirmActionFromTo
Oct 2020Credit SuisseMaintainsNeutral
Oct 2020Morgan StanleyMaintainsOverweight
Aug 2020B of A SecuritiesMaintainsNeutral

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Latest Ratings

StockFirmActionPT
PMTB of A SecuritiesMaintains18.5
IVRB of A SecuritiesMaintains3.0
EFCB of A SecuritiesMaintains15.5
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NLYB of A SecuritiesMaintains8.5
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