Yum! Brands (NYSE:YUM) reported third quarter earnings that beat analyst's expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.04 on revenue of $1.39B. Analysts polled by forecast EPS of $0.84 on revenue of $1.38B. That compared to EPS of $0.68 on revenue of $1.44B in the same period a year earlier. The company had reported EPS of $0.82 on revenue of $1.37B in the previous quarter.
For the year, Yum! Brands shares are up 5.91%, outperforming the S&P 500 which is down 0.04% year to date.
Yum! Brands follows other major Services sector earnings this month
On October 25, Amazon.com (NASDAQ:AMZN) reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.
Visa (NYSE:V) earnings beat analyst's expectations on October 24, with fourth quarter EPS of $1.21 on revenue of $5.43B. analysts expected EPS of $1.2 on revenue of $5.44B
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