Yum China (NYSE:YUMC) Announces Earnings Results, Beats Expectations By $0.06 EPS

Yum China (NYSE:YUMC) released its quarterly earnings results on Monday. The company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.06, Briefing.com reports. Yum China had a return on equity of 11.65% and a net margin of 7.49%. The firm had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $3.05 billion. During the same quarter last year, the business posted $0.69 EPS. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year.

Yum China Price Performance

Shares of NYSE:YUMC opened at $35.93 on Thursday. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average price of $39.80 and a 200 day moving average price of $41.46. Yum China has a 52 week low of $33.55 and a 52 week high of $64.50. The company has a market cap of $14.09 billion, a P/E ratio of 18.06, a PEG ratio of 1.36 and a beta of 0.46.

Yum China Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, May 28th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Tuesday, May 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.78%. Yum China’s dividend payout ratio (DPR) is 32.16%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on YUMC. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $38.00 price target (down previously from $65.00) on shares of Yum China in a research report on Thursday, January 4th. HSBC reduced their target price on shares of Yum China from $66.80 to $51.30 and set a “buy” rating for the company in a report on Wednesday, March 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $54.65.

About Yum China

Yum China Holdings, Inc owns, operates, and franchises restaurants in the People's Republic of China. The company operates through KFC, Pizza Hut, and All Other segments. It operates restaurants under the KFC, Pizza Hut, Taco Bell, Lavazza, Little Sheep, and Huang Ji Huang concepts. The company also operates V-Gold Mall, a mobile e-commerce platform to sell products; and offers online food deliver services.