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YUM! Brands (YUM) Q1 Earnings & Revenues Beat Estimates


YUM! Brands (YUM) Q1 Earnings & Revenues Beat Estimates
Zacks.com
8 hrs ago
YUM! Brands, Inc. YUM reported strong first-quarter 2021 results, with earnings and revenues surpassing the Zacks Consensus Estimate. Both the metrics also improved year over year. Following the results, the company’s shares are up 1.4% in pre-market trading session.
Notably, strong digital sales coupled with the company’s capabilities to adjust operations and marketing worldwide helped it amid the challenging scenario. During the first quarter, the company reported digital sales of more than $5 billion.
Earnings and Revenue Discussion
During the first quarter, the company’s adjusted earnings of $1.07 beat the Zacks Consensus Estimate of 85 cents by 25.9%. In the prior-year quarter, the company had reported adjusted earnings of 64 cents. ....

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