LIVE: Yum! Brands Earnings
REUTERS/Kim Kyung-Hoon
Analysts polled by Bloomberg are looking for Yum to report Q1 adjusted earnings of $0.84 per share, on revenue of $2.79 billion.
On Monday, JPMorgan downgraded Yum to 'neutral' from 'overweight' with a price target of $80. The analysts also said the current stock price is "fairly pricing In China recovery."
Yum derives a large part of its revenue from China, so investors watch for clues on the health of the Chinese consumer.
Yum's earnings took a hit last quarter after concerns over the bird flu and food safety saw China sales take a hit.
The stock is up 1.8% to $77.35 on Tuesday ahead of earnings.
Click here to refresh »
- Ghost shopping malls surged 59% in 2023, 16 retail centres shut across top cities
- Top-selling cars in India in April 2024 – Tata Punch continues to dominate
- Apple Let Loose event today – What to expect, where to watch the live stream and everything you need to know
- Happiest Minds Tech Q4 profit up 25% to ₹72 cr, co hopes to see growth in GenAI vertical
- Uttarakhand forest fire: Poor visibility hampers IAF's firefighting efforts
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market