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Yum! Brands Inc. (YUM) Is Falling After Reconfirming Guidance

Yum! Brands Inc. (YUM) reconfirms its full-year 2012 EPS growth forecast of at least 13%, or $3.24 per share, after the close Thursday. The consensus estimate is for EPS of $3.28. Yum! also announces it expects to once again deliver at least 10% EPS growth in 2013. The consensus estimate is for EPS of $3.74. The stock is now down 3.47 on 85K shares.

Yum! Brands posted gains in early trade Friday, but settled into a narrow range for the majority of the session. The stock finished up by 0.58 at $74.47 and closed challenging the highs of the year.

by RTTNews Staff Writer

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