Yum! Brands, Inc. (YUM) earnings on July 30, 2026

Before the market opens Q2 2026

More Yum! Brands, Inc. earnings

Prior outlook: Pessimistic Outcome: Missed

Yum Brands stock jumped after earnings, rising as much as 9% before ending up 3%. Investors seemed to overlook concerns about a parasite outbreak at Chipotle that had worried some analysts before the results.

YUM price around the earnings

157.00

Change: +3.3%

2026-07-30, 20:00 UTC

End of the measured window
149.93 154.64 159.35 164.06 151.92
Price series around the eventClosing price per minute from before the event to the end of the measured window.
July 30, 2026
  • Price: green if it ends above the starting price; red if it ends below
  • End of the measured window
  • Market open
  • Starting price
Price series around the event

Prior thesis

Prior outlook: Pessimistic Outcome: Missed

Thesis published
Results released

Cyclospora outbreak creates significant operational headwinds, leading to negative trend strength and collapsed trajectory.

Context analyzed before publication

Trend
Cyclospora outbreak creates significant operational headwinds, leading to negative trend strength and collapsed trajectory int

Analysts

Evidence

Analyst consensus
Buy
Consensus average (1-5)
2.23
Analysts covering the stock
21
Average price target
174.33
Lowest price target
147
Highest price target
200
Upside to price target
14.8%
Quarterly earnings growth
70.8%
Revenue growth
15.2%
Forward EPS
7.45
Trailing EPS
6.27
Analyst moves in the last 60 days
3
  • Strong buy: 2
  • Buy: 9
  • Hold: 15
  • Sell: 0
  • Strong sell: 0
Strong buy
2
Buy
9
Hold
15
Sell
0
Strong sell
0
  • July 13, 2026 · Citigroup: Maintains rating (Neutral → Neutral)
  • June 16, 2026 · TD Cowen: Reiterates rating (Buy → Buy)
  • June 3, 2026 · Morgan Stanley: Upgrades rating (Equal-Weight → Overweight)

News and sentiment

Evidence

Sentiment
Sentiment
Constructive
Mention volume
Low
Normalized volume
33%
News
Sources (2)

Technicals

Evidence

Price when the context was analyzed
152.03
Average true range (ATR)
2.5%
Distance to 52-week high
-9.3%
14-day change (14d)
-0.3%
30-day change (30d)
-3.9%
30-day relative strength
-2.4%
SPY change (30d)
-1.5%
Nearest support
150.71
Distance to nearest support
0.9%
Nearest resistance
152.08
Distance to nearest resistance
0%
Volume accumulation ratio (14d / 46d)
1.27
  • Major: 150.71 (0.9% away, 0.35 ATR, 60 touches)
  • Major: 149.79 (1.5% away, 0.6 ATR, 61 touches)
  • Major: 148.3 (2.5% away, 1 ATR, 61 touches)
  • Mid: 152.08 (0% away, 0.01 ATR, 21 touches)
  • Major: 152.97 (0.6% away, 0.25 ATR, 61 touches)
  • Major: 155.19 (2.1% away, 0.85 ATR, 35 touches)

Trends

Evidence

Average earnings surprise
+3.0%
  • April 29, 2026: actual EPS 1.5 vs estimate 1.39 (surprise +8.0%)
  • February 4, 2026: actual EPS 1.73 vs estimate 1.76 (surprise -1.5%)
  • November 4, 2025: actual EPS 1.58 vs estimate 1.48 (surprise +6.7%)
  • August 5, 2025: actual EPS 1.44 vs estimate 1.46 (surprise -1.3%)

Expected move

Implied move
+1.8%
Source
Options chain

Reactions over its last 20 earnings

Median move
2%
75th percentile move
4%
90th percentile move
6.4%
Up / down moves
14 / 6
Average up move
+2.9%
Average down move
-2.8%

Monitoring and close

What Yum! Brands, Inc. reported

Status
Finished
Actual EPS1.62
EPS estimate1.58
EPS surprise+2.5%
Revenue$2,169 million
Revenue estimate$2,197 million
Revenue surprise-1.3%

Yum Brands reports mixed Q2 2026 results. Earnings beat estimates on Taco Bell strength, but Cyclospora outbreak hurts sales. Optimistic.

Sources (28)

Pre-market second reading after the results

Verdict
Mixed results

Heading into the open, results beat expectations on earnings but not on revenue and the price is indicating -0.1% pre-market, a move below the stock's usual reaction (about 2%). The figures don't confirm the prior scenario: that move is too small to draw conclusions from.

How the stock reacted

Outcome
Missed
Consolidated
+3.3%
Max favorable move (MFE)
1.2%
Max adverse move (MAE)
9.2%