Investing.com - Yum! Brands (NYSE:YUM) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.93 on revenue of $1.31B. Analysts polled by Investing.com anticipated EPS of $0.87 on revenue of $1.28B. That compared to EPS of $0.82 on revenue of $1.37B in the same period a year earlier. The company had reported EPS of $0.82 on revenue of $1.25B in the previous quarter.
For the year, Yum! Brands shares are up 22.41%, outperforming the S&P 500 which is up 20.32% year to date.
Yum! Brands follows other major Services sector earnings this month
On Thursday, July 25, 2019, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Visa A earnings beat analyst's expectations on Wednesday, July 24, 2019, with third quarter EPS of $1.37 on revenue of $5.84B. Investing.com analysts expected EPS of $1.32 on revenue of $5.7B
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