BEIJING (dpa-AFX) - Yum China Holdings, Inc. (YUMC) reported a profit for its first quarter that increased from the same period last year but missed the Street estimates.
The company's earnings totaled $292 million, or $0.77 per share. This compares with $287 million, or $0.71 per share, last year.
Excluding items, Yum China Holdings, Inc. reported adjusted earnings of $292 million or $0.77 per share for the period.
Analysts on average had expected the company to earn $0.78 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.8% to $2.981 billion from $2.958 billion last year.
Yum China Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $292 Mln. vs. $287 Mln. last year. -EPS: $0.77 vs. $0.71 last year. -Revenue: $2.981 Bln vs. $2.958 Bln last year.
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