Yum! Brands Reports First-Quarter GAAP Operating Profit Growth of 39%; Delivers First-Quarter Core Operating Profit Growth of 9%; Maintains Full-Year Core Operating Profit Growth Guidance

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Go back to Yum! Brands Reports First-Quarter GAAP Operating Profit Growth of 39%; Delivers First-Quarter Core Operating Profit Growth of 9%; Maintains Full-Year Core Operating Profit Growth Guidance

Yum! Brands (YUM) PT Raised to $75 at RBC Capital

May 4, 2017 9:22 AM EDT

RBC Capital raised its price target on Yum! Brands (NYSE: YUM) to $75.00 (from $72.00) while maintaining a Outperform rating.

RBC raised 2017 and 2018 EPS estimates from $2.73 to $2.79 and $3.12 to $3.14, respectively. The adjustments are largely due to continued strength at Taco... More

Yum! Brands (YUM) Tops Q1 EPS by 5c

May 3, 2017 7:03 AM EDT

Yum! Brands (NYSE: YUM) reported Q1 EPS of $0.65, $0.05 better than the analyst estimate of $0.60. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.35 billion.

Worldwide system sales grew 5% driven by 2% same-store sales growth and 3% net-unit growth.Maintains Full-Year... More