LOUISVILLE, Ky. — Yum Brands Inc. today reported fourth-quarter earnings of $330 million.
On a per-share basis, the company said it had profit of $1.11. Earnings, adjusted for non-recurring gains, came to $1.02 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.
The parent company of KFC, Taco Bell and Pizza Hut posted revenue of $1.89 billion in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $1.87 billion.