Yum Brands Down Over 10% After 3Q Earnings Release -- Data Talk

Yum Brands, Inc. (YUM) is currently at $97.96, down $11.76 or 10.72%

-- Would be lowest close since March 11, 2019, when it closed at $97.79

-- On pace for largest percent decrease since Oct. 7, 2015, when it fell 18.83%

-- Earlier Wednesday, Yum Brands said it recorded a $60 million pretax expense tied to its bet on Grubhub Inc., a move that sliced off 15 cents from its earnings per share for the quarter

-- The company reported third-quarter net income fell to $255 million, or 81 cents a share, from $454 million, or $1.40 a share, in the same quarter last year. Total revenue slipped 4% from the year earlier, to $1.34 billion, the company said, in line with expectations from analysts

-- Down 13.64% month-to-date; on pace for worst month since July 2014, when it fell 14.53%

-- Up 6.57% year-to-date

-- Down 17.83% from its all-time closing high of $119.21 on Sept. 6, 2019

-- Up 8.35% from 52 weeks ago (Oct. 31, 2018), when it closed at $90.41

-- Down 17.83% from its 52 week closing high of $119.21 on Sept. 6, 2019

-- Up 12.73% from its 52 week closing low of $86.90 on Nov. 2, 2018

-- Second worst performer in the S&P 500 today

All data as of 10:46:56 AM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 30, 2019 11:12 ET (15:12 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.