Yum! Brands (NYSE: YUM ) reported earnings on Oct. 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Sep. 8 (Q3), Yum! Brands missed estimates on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share grew significantly.
Margins grew across the board.
Yum! Brands recorded revenue of $3.57 billion. The 19 analysts polled by S&P Capital IQ expected revenue of $3.65 billion on the same basis. GAAP reported sales were 9.0% higher than the prior-year quarter's $3.27 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.99. The 21 earnings estimates compiled by S&P Capital IQ forecast $0.97 per share. GAAP EPS of $1.00 for Q3 were 25% higher than the prior-year quarter's $0.80 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 27.9%, 120 basis points better than the prior-year quarter. Operating margin was 18.5%, 130 basis points better than the prior-year quarter. Net margin was 13.2%, 150 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $4.28 billion. On the bottom line, the average EPS estimate is $0.85.
Next year's average estimate for revenue is $13.76 billion. The average EPS estimate is $3.27.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 3,135 members out of 3,266 rating the stock outperform, and 131 members rating it underperform. Among 790 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 771 give Yum! Brands a green thumbs-up, and 19 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 $76.20.
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