Here comes Yum China's earnings...
Kim Kyung Hoon/Reuters
Yum China, the owner of KFC, Pizza Hut and Taco Bell brands in China, releases its second quarter earnings after Wednesday's closing bell.
Wall Street is expecting Yum China to bring in earnings of $0.27 per share on revenue of $1.60 billion.
Yum Brands spun off its China holdings into Yum China in 2015, to allow investors to invest separately in the region. The Chinese company is focused on expanding the three food brands in China.
Yum China is up 52.48% this year ahead of its second quarter results. The stock exploded more than 10% after beating first quarter expectations. In a press release accompanying its first quarter earnings, CEO Micky Pant said the company was hoping to add 600 new restaurants this year.
Click here to watch Yum China shares move in real time...
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