Equities research analysts forecast that Yum! Brands, Inc. (NYSE:YUM) will report earnings of $0.83 per share for the current fiscal quarter, according to Zacks. Six analysts have provided estimates for Yum! Brands’ earnings. The lowest EPS estimate is $0.79 and the highest is $0.86. Yum! Brands reported earnings of $0.68 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 22.1%. The company is expected to report its next quarterly earnings report before the market opens on Wednesday, October 31st.

On average, analysts expect that Yum! Brands will report full-year earnings of $3.50 per share for the current year, with EPS estimates ranging from $3.43 to $3.57. For the next year, analysts expect that the business will post earnings of $3.81 per share, with EPS estimates ranging from $3.75 to $3.90. Zacks’ earnings per share averages are an average based on a survey of research analysts that cover Yum! Brands.

Yum! Brands (NYSE:YUM) last released its quarterly earnings data on Thursday, August 2nd. The restaurant operator reported $0.82 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.08. The company had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.36 billion. Yum! Brands had a net margin of 27.95% and a negative return on equity of 17.36%. Yum! Brands’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period last year, the firm earned $0.68 EPS.

YUM has been the subject of several analyst reports. Zacks Investment Research raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $101.00 price objective for the company in a report on Wednesday, October 17th. BTIG Research raised their price objective on shares of Yum! Brands from $92.00 to $102.00 and gave the stock a “buy” rating in a report on Wednesday, October 10th. UBS Group set a $99.00 price objective on shares of Yum! Brands and gave the stock a “buy” rating in a report on Monday, September 10th. ValuEngine raised shares of Yum! Brands from a “hold” rating to a “buy” rating in a report on Friday, September 7th. Finally, Stifel Nicolaus downgraded shares of Yum! Brands from a “buy” rating to a “hold” rating and set a $94.00 price objective for the company. in a report on Tuesday, October 23rd. Fourteen research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $88.56.

YUM traded down $1.14 on Friday, hitting $85.78. The company’s stock had a trading volume of 2,118,727 shares, compared to its average volume of 1,767,038. The company has a market cap of $27.22 billion, a PE ratio of 28.98, a price-to-earnings-growth ratio of 1.92 and a beta of 0.86. Yum! Brands has a 12 month low of $74.26 and a 12 month high of $92.21.

Yum! Brands announced that its board has initiated a stock buyback program on Friday, August 10th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the restaurant operator to repurchase up to 7.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

In other news, CFO David W. Gibbs sold 6,369 shares of the firm’s stock in a transaction on Monday, September 17th. The shares were sold at an average price of $87.83, for a total transaction of $559,389.27. Following the sale, the chief financial officer now owns 47,701 shares in the company, valued at approximately $4,189,578.83. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO David W. Gibbs sold 6,366 shares of the firm’s stock in a transaction on Monday, October 15th. The shares were sold at an average price of $87.87, for a total transaction of $559,380.42. Following the sale, the chief financial officer now owns 47,764 shares in the company, valued at approximately $4,197,022.68. The disclosure for this sale can be found here. Insiders sold a total of 20,075 shares of company stock worth $1,779,370 over the last quarter. Corporate insiders own 0.63% of the company’s stock.

Institutional investors have recently bought and sold shares of the company. Asset Advisors Investment Management LLC purchased a new stake in shares of Yum! Brands during the 3rd quarter valued at $136,000. Cerebellum GP LLC purchased a new stake in shares of Yum! Brands during the 2nd quarter valued at $172,000. Summit Trail Advisors LLC raised its position in shares of Yum! Brands by 8,198.7% during the 1st quarter. Summit Trail Advisors LLC now owns 191,782 shares of the restaurant operator’s stock valued at $192,000 after buying an additional 189,471 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of Yum! Brands during the 2nd quarter valued at $199,000. Finally, Douglass Winthrop Advisors LLC purchased a new stake in shares of Yum! Brands during the 3rd quarter valued at $201,000. Hedge funds and other institutional investors own 71.48% of the company’s stock.

Yum! Brands Company Profile

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates in three segments: the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company operates restaurants under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.

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Earnings History and Estimates for Yum! Brands (NYSE:YUM)

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