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home / news releases / YUM - Wendy's Reported Solid Third Quarter Results - No Change To Strong Long-Term Growth Outlook

YUM - Wendy's Reported Solid Third Quarter Results - No Change To Strong Long-Term Growth Outlook

Yum! Brands Inc.
  • F3Q2020 revenues of ~$452 million missed analyst estimates by ~$2 million.
  • Earnings Per Share of $0.17 was inline with consensus projections.
  • Company experienced its best same store sales growth in 15-years over the quarter.
  • We’re revising our 1-year Price Target for WEN to $31.55/share from the prior $31/share on quarterly share count update. Reiterate Buy Rating.

For further details see:

Wendy's Reported Solid Third Quarter Results - No Change To Strong Long-Term Growth Outlook
Stock Information
Company Name: Yum! Brands Inc.
Stock Symbol: YUM
Market: NYSE
Website: yum.com
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