Yum! Brands (YUM) slides as FX headwinds weigh on operating porift
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AMD, Starbucks, Estée Lauder fall premarket; Eli Lilly, Kraft Heinz rise
May 3, 2023 8:18 AM EDTInvesting.com -- Stocks in focus in premarket trade on Wednesday, May 3rd. Please refresh for updates.
Starbucks (NASDAQ: SBUX) stock fell 4.4% after the coffee chain decided against lifting its 2023 guidance even after beating quarterly profits, powered by a sharp recovery in business in... More
Yum! Brands (YUM) Misses Q1 EPS by 7c
May 3, 2023 7:21 AM EDTYum! Brands (NYSE: YUM) reported Q1 EPS of $1.06, $0.07 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $1.65 billion versus the consensus estimate of $1.62 billion.
For earnings history and earnings-related data on Yum! Brands (YUM) click here.
... MoreDow futures rise 50 pts; caution ahead of crucial Fed decision
May 3, 2023 7:04 AM EDTInvesting.com -- U.S. stocks are seen opening marginally higher Wednesday, bouncing after the previous sessions hefty losses as investors await the Federal Reserves latest policy decision.
At 06:45 ET (10:45 GMT), the Dow Futures contract was up 50 points, or 0.2%, S&P 500 Futures traded 10 points, or 0.2%, higher and Nasdaq 100 Futures climbed 30 points, or 0.2%.
The main indices closed sharply lower Tuesday, their second straight losing session, as investors fretted about the health of the countrys banking system in the wake of the collapse of First Republic Bank, the third... More
