Yum! Brands (YUM) Up Modestly Ahead of Q2 Print
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Oppenheimer Remains Bullish on Yum! Brands (YUM) Following 2Q EPS Beat
July 15, 2015 9:45 AM EDTOppenheimer reiterates an Outperform rating and $105.00 price target on Yum! Brands (NYSE: YUM) following 2Q15 results. Adjusted EPS of $0.69 beat Street's $0.62, and management reconfirm its '15 EPS growth outlook of 10%+.
Analyst Brian Bittner commented, "We believe YUM could be worth $140-150 in... More
RBC Capital Reiterates Top Pick on Yum! Brands (YUM) Following 2Q Earnings
July 15, 2015 8:19 AM EDTRBC Capital reiterates a Top Pick rating and $103.00 price target on Yum! Brands (NYSE: YUM) following 2Q15 earnings results. Reported adjusted EPS was $0.69 (compared to $0.62 consensus). Analyst David Palmer believes significant stock appreciation beyond base case is possible over the next year.
Palmer... More
Jefferies Reiterates Hold on Yum! Brands (YUM) Following 2Q Results
July 15, 2015 7:59 AM EDTJefferies reiterates a Hold rating and $76.00 price target on Yum! Brands (NYSE: YUM) following 2Q earnings results. YUM reported 2Q EPS of $0.69 vs consensus of $0.62. The company reiterated 2015 EPS guidance calling for at least 10% growth.
Andy Barish commented, "Op EPS $0.69 vs cons... More
Yum! Brands (YUM) Tops Q2 EPS by 6c; China Comps Fell 10%
July 14, 2015 4:11 PM EDTYum! Brands (NYSE: YUM) reported Q2 EPS of $0.69, $0.06 better than the analyst estimate of $0.63. Revenue for the quarter came in at $3.11 billion versus the consensus estimate of $3.19 billion.
China Division system sales declined 4%, as 7% unit growth was offset by a 10% same-store sales decline. Restaurant margin decreased 2.2 percentage points to 14.6%. Operating profit decreased 25%.
GREG CREED COMMENTS
Greg Creed, CEO, said EPS exceeded our original expectations in the second quarter and I'm pleased with the continued progress we are making... More
