$0.87 EPS Expected for Yum! Brands, Inc. (NYSE:YUM) This Quarter

Brokerages expect Yum! Brands, Inc. (NYSE:YUM) to announce $0.87 earnings per share for the current fiscal quarter, Zacks reports. Seven analysts have provided estimates for Yum! Brands’ earnings, with the highest EPS estimate coming in at $0.90 and the lowest estimate coming in at $0.85. Yum! Brands posted earnings of $0.82 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 6.1%. The business is scheduled to issue its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Yum! Brands will report full-year earnings of $3.81 per share for the current fiscal year, with EPS estimates ranging from $3.75 to $3.86. For the next fiscal year, analysts forecast that the company will report earnings of $4.23 per share, with EPS estimates ranging from $4.07 to $4.33. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Yum! Brands.

Yum! Brands (NYSE:YUM) last issued its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.02. Yum! Brands had a negative return on equity of 13.06% and a net margin of 24.61%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period last year, the business earned $0.90 EPS. The firm’s revenue was down 8.5% compared to the same quarter last year.

YUM has been the subject of several recent research reports. Evercore ISI began coverage on Yum! Brands in a research report on Tuesday. They set an “outperform” rating for the company. UBS Group raised their target price on Yum! Brands from $105.00 to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, May 29th. Citigroup raised their target price on Yum! Brands from $103.00 to $105.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 21st. BTIG Research raised their target price on Yum! Brands to $114.00 and gave the company a “buy” rating in a research note on Thursday, May 2nd. Finally, Robert W. Baird reiterated an “outperform” rating and set a $112.00 price target on shares of Yum! Brands in a research note on Monday, April 29th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $99.42.

Yum! Brands stock opened at $107.57 on Friday. Yum! Brands has a one year low of $77.09 and a one year high of $109.63. The company has a market cap of $33.37 billion, a P/E ratio of 33.93, a P/E/G ratio of 2.33 and a beta of 0.55.

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Investors of record on Thursday, May 16th were issued a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, May 15th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.56%. Yum! Brands’s dividend payout ratio (DPR) is presently 53.00%.

In other Yum! Brands news, CEO Greg Creed sold 44,949 shares of the business’s stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $105.82, for a total transaction of $4,756,503.18. Following the sale, the chief executive officer now owns 158,745 shares of the company’s stock, valued at approximately $16,798,395.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David Eric Russell sold 5,872 shares of the business’s stock in a transaction on Friday, March 15th. The shares were sold at an average price of $100.00, for a total transaction of $587,200.00. Following the sale, the vice president now directly owns 23,653 shares in the company, valued at approximately $2,365,300. The disclosure for this sale can be found here. Insiders have sold a total of 58,200 shares of company stock worth $6,085,268 in the last three months. Insiders own 0.67% of the company’s stock.

A number of hedge funds have recently modified their holdings of YUM. Oregon Public Employees Retirement Fund grew its position in shares of Yum! Brands by 6,899.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 5,916,798 shares of the restaurant operator’s stock valued at $64,000 after purchasing an additional 5,832,264 shares in the last quarter. Norges Bank purchased a new position in shares of Yum! Brands during the 4th quarter valued at $292,344,000. FMR LLC grew its position in shares of Yum! Brands by 139.0% during the 1st quarter. FMR LLC now owns 2,658,807 shares of the restaurant operator’s stock valued at $265,376,000 after purchasing an additional 1,546,142 shares in the last quarter. Two Sigma Investments LP grew its position in shares of Yum! Brands by 63.9% during the 4th quarter. Two Sigma Investments LP now owns 2,008,383 shares of the restaurant operator’s stock valued at $184,611,000 after purchasing an additional 783,149 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in shares of Yum! Brands by 20.1% during the 1st quarter. Geode Capital Management LLC now owns 4,666,014 shares of the restaurant operator’s stock valued at $465,255,000 after purchasing an additional 782,183 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors and hedge funds.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Earnings History and Estimates for Yum! Brands (NYSE:YUM)

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