Investing.com - Yum! Brands (NYSE:YUM) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Yum! Brands announced earnings per share of $0.82 on revenue of $1.20B. Analysts polled by Investing.com anticipated EPS of $0.52 on revenue of $1.17B.
Yum! Brands shares are down 5% from the beginning of the year and are trading at $94.83 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.86% 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 $1.06 on revenue of $4.84B, compared to forecasts EPS of $1.03 on revenue of $4.82B.
Verizon had beat expectations on Friday, July 24, 2020 with second quarter EPS of $1.18 on revenue of $30.45B, compared to forecast for EPS of $1.15 on revenue of $29.92B.
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