* Yum China Holdings Inc reported quarterly adjusted earnings of 77 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of three analysts for the quarter was for earnings of 68 cents per share. Wall Street expected results to range from 64 cents to 73 cents per share.
* Revenue rose 5.4% to $3.07 billion from a year ago; analysts expected $3.06 billion.
* The company reported quarterly net income of $297 million.
* Yum China Holdings Inc shares had fallen by 6.6% this quarter and gained 3.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 8.1% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the restaurants & bars peer group is also "buy"
Wall Street's median 12-month price target for Yum China Holdings Inc is 374.95 This summary was machine generated from LSEG data November 4 at 03:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.68 0.77 Beat
Jun. 30 2024 0.48 0.55 Beat
Mar. 31 2024 0.66 0.71 Beat
Dec. 31 2023 0.13 0.25 Beat
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