Stock Analysis
- United States
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- Hospitality
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- NYSE:YUMC
Yum China Holdings First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag
Yum China Holdings (NYSE:YUMC) First Quarter 2024 Results
Key Financial Results
- Revenue: US$2.96b (up 1.4% from 1Q 2023).
- Net income: US$287.0m (flat on 1Q 2023).
- Profit margin: 9.7% (in line with 1Q 2023).
- EPS: US$0.72.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Yum China Holdings EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 9.2%.
Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are down 3.1% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 1 warning sign for Yum China Holdings you should know about.
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Find out whether Yum China Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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About NYSE:YUMC
Yum China Holdings
Owns, operates, and franchises restaurants in the People’s Republic of China.
Solid track record with excellent balance sheet.