The exciting news about Yum China Holdings (NYSE: YUMC) will be shared on Monday 4th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
the firm is expected to report an estimated per share $0.67 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $3.05 billion during this period.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.59. This was a direct result of the company's total revenue, which amounted to an impressive $2.91 billion during that specific period.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $11.4 billion. Furthermore, they are predicting profit of $2.21 per share for the full year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.55 | +17.0% | 2.68 B | +0.9% |
| 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 | ||||
YUMC has scheduled a conference call on 4th November 2024 at 07:00 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Yum China Holdings (YUMC) shares reached a low of $44.52 and a high of $45.35, along with a total volume of 2.83 million shares. The stock ended the regular trading session at $45.07, showing an increase of 2.18 percent.
