YUM Introducing Some EPS Estimates (and Some Tidbits)

By Mark Kalinowski Published on September 2, 2020 at 12:00 AM

With this report, we introduce our quarterly EPS estimates for Yum Brands (YUM; Neutral, $96.15) for 2021E as follows:
Q1E: $0.84
Q2E: $0.90
Q3E: $1.00
Q4E: $1.16

YUM Introducing EPS Estimates, Discussing GRUB, and Taco Bell Tidbits

By Mark Kalinowski Published on October 18, 2019 at 12:00 AM

We maintain our Buy rating on YUM and note the following:

MCD Updating our Forecasts 2019

By Mark Kalinowski Published on May 12, 2019 at 12:00 AM

Given our latest data-driven checks, we raise our Q2E same-store sales forecast for McDonald’s U.S. by 60 basis points, to +4.6%, placing us 60 basis points above consensus (according to Consensus Metrix data) and also as the second-highest forecast in this regard on the sell-side. We believe McDonald’s continues to benefit for a number of reasons, some of which we pointed to in our May 6th report “April Burger-Sector Sales Trends Compared to March…” — we encourage you to read that report if you have not yet done so.