Yum! Brands (NYSE: YUM) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Yum! Brands beat expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased and GAAP earnings per share grew significantly.

Gross margins contracted, operating margins contracted, net margins increased.

Revenue details
Yum! Brands reported revenue of $3.27 billion. The 17 analysts polled by S&P Capital IQ expected to see a top line of $3.09 billion. Sales were 15% higher than the prior-year quarter's $2.86 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
Non-GAAP EPS came in at $0.83. The 19 earnings estimates compiled by S&P Capital IQ predicted $0.82 per share on the same basis. GAAP EPS of $0.75 for Q3 were 34% higher than the prior-year quarter's $0.56 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 25.0%, 110 basis points worse than the prior-year quarter. Operating margin was 12.9%, 40 basis points worse than the prior-year quarter. Net margin was 8.7%, 100 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $4.03 billion.

Next year's average estimate for revenue is $12.54 billion. The average EPS estimate is $2.86.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 3,020 members out of 3,145 rating the stock outperform, and 125 members rating it underperform. Among 847 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 825 give Yum! Brands a green thumbs-up, and 22 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yum! Brands is outperform, with an average price target of $62.95.