Earnings Preview: YUM! Brands

Quick-service restaurant company YUM! Brands

is set to release their quarterly earnings results after the closing bell on Tuesday. Heading into the report, Wall Street analysts have consensus earnings per share estimates of $0.97. This compares to the $0.83 that the company reported in the year earlier period. The low estimate on Wall Street is $0.91 and the high estimate is $1.05. In last year's corresponding quarter, YUM reported EPS that was in line with estimates. Analysts have consensus revenue estimates of $3.64 billion for the quarter. This implies 11.30 percent growth versus last year. The low estimate is $3.50 billion with a high estimate of $3.75 billion. Over the last 3 months, earnings per share estimates have fallen by a penny from $0.98. During this time, YUM shares have risen a little better than 3 percent. Year-to-date, shares are up more than 13 percent. During Monday's trading session, the stock rose 1.42 percent to $66.94. Other stocks that could be effected by YUM's results tomorrow morning include McDonald's

, Jack in the Box

and Burger King

. Chipotle

may also be effected by YUM's earnings report as the company's Taco Bell chain has recently rolled out its Cantina menu which features more expensive, high-quality, Mexican fare which competes with Chipotle.