Investing.com - Yum! Brands (NYSE:YUM) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Yum! Brands announced earnings per share of $1.01 on revenue of $1.45B. Analysts polled by Investing.com anticipated EPS of $0.81 on revenue of $1.42B.
Yum! Brands shares are down 5% from the beginning of the year and are trading at $95.06 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.25% 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 Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.
Verizon had beat expectations on Wednesday, October 21, 2020 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.
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