Yum Brands Q1 2024 Adj EPS $1.15 Misses $1.20 Estimate
Portfolio Pulse from Benzinga Newsdesk
Yum Brands reported its Q1 2024 adjusted earnings per share (EPS) of $1.15, missing the analyst consensus estimate of $1.20 by 4.17 percent.
May 01, 2024 | 11:01 am
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Yum Brands reported a Q1 2024 adjusted EPS of $1.15, missing the consensus estimate of $1.20 by 4.17%.
Missing the EPS estimate typically leads to negative investor sentiment in the short term, potentially causing a decrease in stock price. Given the miss was by 4.17%, this could be seen as a significant deviation from expected financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100