Yum China Holdings (YUMC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.59 per share a year ago.
Yum China Holdings, Inc. YUMC — the parent company of KFC, Pizza Hut, and Taco Bell — will release earnings results for its third quarter, before the opening bell on Monday, Nov. 4.
YUMC's third-quarter 2024 results are likely to reflect benefits from increased net new units and strategies undertaken to improve operational efficiencies.
Yum China is facing intensifying competition in a challenging macro environment. Its ambitious plans for expansion could lead to meaningful growth if it can adapt to the changing landscape. At current valuations, the stock doesn't offer a large enough margin of safety. I therefore rate it a 'hold' and wait patiently for a larger pullback.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Yum China (YUMC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Investors interested in Retail - Restaurants stocks are likely familiar with Yum China Holdings (YUMC) and Chipotle Mexican Grill (CMG). But which of these two stocks is more attractive to value investors?
Yum China (YUMC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Yum China Holdings, Inc. has rapidly expanded, especially its company-operated KFC and Pizza Hut chains, with good space for continued growth. The Q3 report will likely have weak same-restaurant restaurants, as China's economy has been weak over the short term. The government's potential stimulus measures won't yet affect the economy positively. YUMC stock is valued with fair growth expectations.
Yum China (YUMC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Yum China Holdings Inc. YUMC has experienced a volatile year. Although its stock is up 4% year-to-date, it has fallen nearly 17% over the past year.
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Investors interested in Retail - Restaurants stocks are likely familiar with Yum China Holdings (YUMC) and Chipotle Mexican Grill (CMG). But which of these two companies is the best option for those looking for undervalued stocks?