08:02 AM EDT, 05/01/2024 (MT Newswires) -- Yum! Brands ( YUM ) reported Q1 adjusted earnings Wednesday of $1.15 per diluted share, up from $1.06 a year earlier.

Analysts polled by Capital IQ expected $1.20.

Revenue for the quarter ended March 31 was $1.60 billion, down from $1.65 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.71 billion.

Shares of the company were down more than 5% in recent Wednesday premarket activity.

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