Investing.com - Yum! Brands (NYSE:YUM) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.4 on revenue of $1.56B. Analysts polled by Investing.com forecast EPS of $0.95 on revenue of $1.59B. That compared to EPS of $0.96 on revenue of $1.58B in the same period a year earlier. The company had reported EPS of $1.04 on revenue of $1.39B in the previous quarter.
For the year, Yum! Brands shares are up 2.9%, under-performing the S&P 500 which is up 10.28% year to date.
Yum! Brands follows other major Services sector earnings this month
On Wednesday, January 30, 2019, Alibaba reported third quarter EPS of $12.19 on revenue of $117.28B, compared to forecasts of EPS of $10.72 on revenue of $79,858M.
Verizon earnings beat analyst's expectations on Tuesday, January 29, 2019, with fourth quarter EPS of $1.12 on revenue of $34.28B. Investing.com analysts expected EPS of $1.09 on revenue of $34.44B
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