What To Expect From Yum Brands Inc (YUM) Q2 2024 Earnings

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Yum Brands Inc (YUM, Financial) is set to release its Q2 2024 earnings on Aug 6, 2024. The consensus estimate for Q2 2024 revenue is $1.81 billion, and the earnings are expected to come in at $1.34 per share. The full year 2024's revenue is expected to be $7.69 billion and the earnings are expected to be $5.66 per share. More detailed estimate data can be found on the Estimates page.

Yum Brands Inc (YUM, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Yum Brands Inc (YUM) for the full year 2024 have decreased from $7.72 billion to $7.69 billion, and for 2025, estimates have decreased from $8.30 billion to $8.25 billion. Earnings estimates have seen a slight increase for 2024, moving from $5.65 per share to $5.66 per share, while for 2025, they have decreased from $6.43 per share to $6.41 per share.

Yum Brands Inc (YUM, Financial) Reported History

In the previous quarter of March 31, 2024, Yum Brands Inc's (YUM) actual revenue was $1.60 billion, which missed analysts' revenue expectations of $1.71 billion by -6.54%. Yum Brands Inc's (YUM) actual earnings were $1.10 per share, which missed analysts' earnings expectations of $1.22 per share by -10.13%. After releasing the results, Yum Brands Inc (YUM) was down by -4.19% in one day.

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Yum Brands Inc (YUM, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 22 analysts, the average target price for Yum Brands Inc (YUM) is $144.37 with a high estimate of $157 and a low estimate of $127. The average target implies an upside of 6.8% from the current price of $135.18.

Based on GuruFocus estimates, the estimated GF Value for Yum Brands Inc (YUM, Financial) in one year is $155.97, suggesting an upside of 15.38% from the current price of $135.18.

Based on the consensus recommendation from 30 brokerage firms, Yum Brands Inc's (YUM, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.