Yum!, Dunkin' Fizzle Midday After Earnings Miss
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Yum! (NYSE:YUM) fell 0.7% after its fourth-quarter earnings missed analysts' expectations and revenue fell short of forecasts, as its $171 million reduction to its investment in delivery service Grubhub and a foreign currency loss of $14 million weighed on results.
The chain operator reported earnings per share of $0.40 on revenue of $1.56 billion. Investing.com's consensus forecast was for EPS of $0.95 on revenue of $1.59 billion.
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https://www.investing.com/news/stock-mar...ss-1772369
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Yum! (NYSE:YUM) fell 0.7% after its fourth-quarter earnings missed analysts' expectations and revenue fell short of forecasts, as its $171 million reduction to its investment in delivery service Grubhub and a foreign currency loss of $14 million weighed on results.
The chain operator reported earnings per share of $0.40 on revenue of $1.56 billion. Investing.com's consensus forecast was for EPS of $0.95 on revenue of $1.59 billion.
...
https://www.investing.com/news/stock-mar...ss-1772369