Investing.com - Yum! Brands (NYSE:YUM) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.82 on revenue of $1.25B. Analysts polled by Investing.com expected EPS of $0.81 on revenue of $1.25B. That compared to EPS of $0.9 on revenue of $1.37B in the same period a year earlier. The company had reported EPS of $0.4 on revenue of $1.56B in the previous quarter.
For the year, Yum! Brands shares are up 13.57%, under-performing the S&P 500 which is up 18.93% year to date.
Yum! Brands follows other major Services sector earnings this month
On Thursday, April 25, 2019, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Visa A earnings beat analyst's expectations on Wednesday, April 24, 2019, with second quarter EPS of $1.31 on revenue of $5.49B. Investing.com analysts expected EPS of $1.24 on revenue of $5.46B
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