(RTTNews) – Yum! Brands Inc. (YUM) reported a profit for its first quarter that climbed from the same period last year.
The company’s profit came in at $326 million, or $1.07 per share. This compares with $83 million, or $0.27 per share, in last year’s first quarter.
Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 18.3% to $1.49 billion from $1.26 billion last year.
Yum! Brands Inc. earnings at a glance:
-EPS (Q1): $1.07 vs. $0.64 last year. -Analysts Estimate: $0.87 -Revenue (Q1): $1.49 Bln vs. $1.26 Bln last year.