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Yum! Brands Inc. Q1 adjusted earnings Beat Estimates

Yum! Brands Inc. (YUM) revealed earnings for first quarter that dropped from the same period last year.

The company's profit totaled $262 million, or $0.83 per share. This compares with $433 million, or $1.27 per share, in last year's first quarter.

Analysts had expected the company to earn $0.81 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 8.8% to $1.25 billion from $1.37 billion last year.

Yum! Brands Inc. earnings at a glance:

-EPS (Q1): $0.82 vs. $0.90 last year.
-Analysts Estimate: $0.81
-Revenue (Q1): $1.25 Bln vs. $1.37 Bln last year.

Full year EPS guidance: $3.75

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