Yum! Brands Inc. Q4 Profit Increases, beats estimates

Yum! Brands Inc. (YUM) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $371 million, or $1.29 per share. This compares with $330 million, or $1.11 per share, in last year's fourth quarter.

Excluding items, Yum! Brands Inc. reported adjusted earnings of $1.31 per share for the period.

Analysts on average had expected the company to earn $1.26 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.9% to $2.02 billion from $1.89 billion last year.

Yum! Brands Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $371 Mln. vs. $330 Mln. last year.
-EPS (Q4): $1.29 vs. $1.11 last year.
-Analyst Estimate: $1.26
-Revenue (Q4): $2.02 Bln vs. $1.89 Bln last year.

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