Investing.com - Yum! Brands (NYSE:YUM) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Yum! Brands announced earnings per share of $1.07 on revenue of $1.49B. Analysts polled by Investing.com anticipated EPS of $0.8668 on revenue of $1.45B.
Yum! Brands shares are up 7.46% from the beginning of the year, still down 2.15% from its 52 week high of $118.97 set on April 15. They are under-performing the S&P 500 which is up 11.47% from the start of the year.
Yum! Brands follows other major Services sector earnings this month
Yum! Brands's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on April 21 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
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