05:40 AM EST, 11/04/2024 (MT Newswires) -- Yum China Holdings ( YUMC ) reported Q3 earnings Monday of $0.77 per diluted share, up from $0.58 a year earlier.
Two analysts surveyed by Capital IQ expected $0.67.
Total revenue for the quarter ended Sept. 30 was $3.07 billion, up from $2.91 billion a year earlier.
Analysts polled by Capital IQ expected $3.03 billion.
For 2024, the company said it continues to expect that it will open about 1,500 to 1,700 net new stores.
Yum China ( YUMC ) also said its board maintained its cash dividend at $0.16 per share, payable Dec. 17 to shareholders of record on Nov. 26.
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