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Yum China 2Q Earnings Preview: After The Fireworks

The day after the U.S. Independence Day, Yum China Holdings (YUMC) reports second-quarter earnings, but don't expect more fireworks.

The China restaurant carve-out from Yum Brands (YUM), which operates KFC, Pizza Hut and other concepts, reports earnings July 5, with a conference call scheduled for 8 p.m. Eastern time, according to Bernstein analysts Sara H. Senatore, Stephanie Ng and Anna Papp. The AB analysts on Friday raised their Yum China earnings-per-share estimate by 2 cents to 25 cents, "reflecting slightly higher revenue expectations. They have a market-perform rating on on the stock, and a $39 price...


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