Categories AlphaGraphs, Consumer, Earnings
Infographic: Highlights of Yum! Brands (YUM) Q1 2020 earnings report
Yum! Brands Inc. (NYSE: YUM) Wednesday reported lower earnings for the first quarter of 2020, despite a modest increase in revenues. The bottom-line also missed analysts’ forecast, driving the stock lower during the pre-market trading session.
Earnings, on an adjusted basis, dropped to $0.64 per share from $0.82 per share in the first quarter of 2019. Unadjusted profit was $83 million or $0.27 per share, compared to $262 million or $0.83 per share a year earlier.
Total revenues, meanwhile, edged up 1% annually to $1.26 billion. There was a 7% fall in worldwide same-store sales. The top-line came in above the estimates, while earnings missed.
After falling to a three-year low last month, Yum! Brands shares are currently regaining strength. The stock declined 14% since last year. It closed the last trading session slightly higher.
[irp posts=”54799″]
Most Popular
QCOM Earnings: Qualcomm Q2 2024 revenue and profit beat Street view
Semiconductor company Qualcomm, Inc. (NASDAQ: QCOM) reported an increase in earnings and revenues for the second quarter of 2024. The numbers came in above analysts' estimates. At $9.39 billion, March-quarter
Key takeaways from Amazon’s Q1 2024 earnings report
Amazon.com Inc. (NASDAQ: AMZN) had an upbeat start to fiscal 2024, delivering strong growth across the business in the first three months of the year. While the cloud segment continues
Key takeaways from Pfizer’s (PFE) Q1 2024 earnings report
Shares of Pfizer Inc. (NYSE: PFE) gained over 5% on Wednesday following the company’s announcement of its first quarter 2024 earnings results. Although the top and bottom line numbers decreased
