Investing.com - Yum! Brands (NYSE:YUM) reported third quarter earnings that missed analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.8 on revenue of $1.34B. Analysts polled by Investing.com expected EPS of $0.96 on revenue of $1.34B. That compared to EPS of $1.04 on revenue of $1.39B in the same period a year earlier. The company had reported EPS of $0.93 on revenue of $1.31B in the previous quarter.
For the year, Yum! Brands shares are up 19.36%, under-performing the S&P 500 which is up 22.61% year to date.
Yum! Brands follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Visa A earnings beat analyst's expectations on October 24, with fourth quarter EPS of $1.47 on revenue of $6.14B. Investing.com analysts expected EPS of $1.43 on revenue of $6.08B
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