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Yum: Q2 Earnings Snapshot
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LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Yum Brands Inc. (YUM) on Thursday reported second-quarter profit of $853 million.

The Louisville, Kentucky-based company said it had net income of $3.08 per share. Earnings, adjusted for pretax gains, came to $1.62 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.59 per share.

The parent company of KFC, Taco Bell and Pizza Hut posted revenue of $2.17 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $2.18 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YUM at https://www.zacks.com/ap/YUM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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