Yum China Holdings Q2 EPS $0.55 Beats $0.47 Estimate, Sales $2.68B Miss $2.77B Estimate
Portfolio Pulse from Benzinga Newsdesk
Yum China Holdings (NYSE:YUMC) reported Q2 earnings per share (EPS) of $0.55, beating the analyst estimate of $0.47 by 17.02%. However, the company missed the sales estimate, reporting $2.68 billion against the expected $2.77 billion.
August 05, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Yum China Holdings reported Q2 EPS of $0.55, beating estimates by 17.02%, but missed sales estimates with $2.68 billion. This mixed result may lead to short-term volatility in the stock price.
The EPS beat is a positive indicator, but the sales miss could offset this, leading to mixed investor sentiment and potential short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100