YUM (Post-Call): Several Factors Behind Q1 EPS Outperformance

By Ryan D. Lavender Published on April 28, 2021 at 4:56 PM

Earlier today, Yum Brands reported Q1 EPS of $1.07. This was above our $0.89 forecast and sell-side consensus (according to Consensus Metrix) of $0.87.

YUM: How Does Yum Brands Trade Heading Into, and After, Earnings?

By Ryan D. Lavender Published on April 15, 2021 at 4:58 PM

Yum Brands plans to release its Q1 2021 earnings before the market open on Wednesday, April 28th. How do YUM shares tend to trade heading into earnings, and the day of (for a before-the-market-open) or after (for an after-the-market-close) an earnings release?

YUM: Updating Our Same-Store Sales and EPS Estimates

By Ryan D. Lavender Published on April 8, 2021 at 4:50 PM

With this report, we boost our Q1E same-store sales forecasts as follows: (1) for Taco Bell, up by +1 percentage point to +7% (according to Consensus Metrix, sell-side consensus is at +5.7%, although be aware that Yum Brands does not report its samestore sales out past the decimal point), and (2) for KFC U.S., up by +1 percentage point to +13% (consensus is at +11.6%).