Yum! Brands Inc. Q1 Profit Advances 16%

(RTTNews) - Yum! Brands Inc. (YUM) released earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $579 million, or $0.95 per share. This was higher than $501 million, or $0.80 per share, in last year's first quarter.

Analysts had expected the company to earn $0.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $2.62 billion, equal to the mark posted in the same period last year.

Yum! Brands Inc. earnings at a glance:

-Earnings (Q1): $579 Mln. vs. $501 Mln. last year. -Earnings Growth (Y-o-Y): 15.6% -EPS (Q1): $0.95 vs. $0.80 last year. -EPS Growth (Y-o-Y): 18.8% -Analysts Estimate: $0.83 -Revenue (Q1): $2.62 Bln vs. $2.62 Bln last year. -Revenue Change (Y-o-Y): 0%