Yum! Brands Inc. (YUM) reported earnings for fourth quarter that decreased from last year.
The company's profit totaled $332 million, or $1.08 per share. This compares with $488 million, or $1.58 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.0% to $1.74 billion from $1.69 billion last year.
Yum! Brands Inc. earnings at a glance:
-EPS (Q4): $1.15 vs. $1.00 last year.
-Analysts Estimate: $1.01
-Revenue (Q4): $1.74 Bln vs. $1.69 Bln last year.
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