Taco Bell parent Yum posts earnings and revenue that miss expectations

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Taco Bell parent Yum posts earnings and revenue that miss expectations
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KFC's parent company reported earnings before the bell Tuesday.

Shares of the company were flat in premarket trading.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Revenue: $1.339 billion vs. $1.344 billion expected The company reported fiscal third-quarter net income of $255 million, or 81 cents per share, down from $454 million, or $1.40 per share, a year earlier.

Excluding items, Yum earned 80 cents per share, missing the 94 cents per share expected by analysts surveyed by Refinitiv.

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