Yum Brands Q4 Adj. EPS $1.26 Misses $1.41 Estimate, Sales $2.04B Miss $2.11B Estimate
Portfolio Pulse from Benzinga Newsdesk
Yum Brands reported Q4 adjusted EPS of $1.26, missing the $1.41 estimate, and sales of $2.04B, missing the $2.11B estimate. This represents a decrease in earnings and a slight increase in sales compared to the same period last year.
February 07, 2024 | 12:03 pm
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Yum Brands missed Q4 earnings and sales estimates, with adjusted EPS at $1.26 and sales at $2.04B, indicating a potential short-term negative impact on its stock price.
Missing both earnings and sales estimates typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. The reported decrease in earnings and slight increase in sales year-over-year further contribute to the potential negative impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100