The second quarter financial results of Yum China Holdings (NYSE: YUMC) will be revealed on Monday 5th August 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company’s financial performance.
In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $0.47 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $2.77 billion for this quarter.
Wall Street analysts have offered their forecasts for the company’s yearly performance, predicting a total revenue of $11.65 billion. Additionally, they are expecting the company to report profit of $2.15 per share for the fiscal year 2024.
During the same quarter of the previous year, the company made public its income of $0.47 per share, which were derived from a quarterly revenue of $2654 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.71 | +2.9% | 2.96 B | +1.4% |
| Q4 2023 | $0.25 | +92.3% | 2.49 B | +19.4% |
| Q3 2023 | $0.59 | +20.4% | 2.91 B | +8.5% |
| Q2 2023 | $0.47 | +135.0% | 2.65 B | +24.7% |
*Growth on year-over-year basis
In addition, The firm will review the second quarter financial results on 5th August 2024 at 08:00 PM eastern time, in a conference call with public.
Yum China Holdings (YUMC) closed Friday’s regular trading session at $29.53, marking a 1.73 percent . During the day, YUMC shares traded between $29.26 and $30.00, with a day volume of 2.60 million shares.
