Yum China Holdings, Inc. (NYSE: YUMC) is expected to release earnings results for its fourth quarter, after the closing bell on Feb. 6, 2024.
Analysts expect the fast-food restaurant company to report quarterly earnings at 16 cents per share, up from year-ago earnings of 12 cents per share. The Chinese Fortune 500 firm is projected to report quarterly revenue of $2.41 billion, compared to $2.09 billion in the year-earlier quarter, according to data from Benzinga Pro.
Yum China, in November, said third-quarter revenues increased 9% year-over-year to $2.91 billion, missing the consensus of $3.06 billion. Adjusted EPS increased 20% year-over-year to 59 cents, missing the consensus of 68 cents.
With the recent buzz around Yum China, some investors may be eyeing potential gains from the company’s dividends. As of now, Yum China has a dividend yield of 1.45%, which is ...