oo=Yum China (YUMC) reported earnings on Tue 1 May 2018 (a/h)

Yum China (YUMC) shares fell after the closing bell after the company's first-quarter same-store sales came up short of expectations, weighed down by a weak performance at Pizza Hut.


Estimates: Wall Street expects the company — which runs KFC, Pizza Hut and Taco Bell locations in China — to report earnings per share of 49 cents, up 11%. System-wide same-store sales are expected to rise 3.3%, with a 3.8% gain at KFC and a 0.3% dip at Pizza Hut, according to Consensus Metrix.

Results: Same-store sales rose 3%. EPS came in at 53 cents. Same-store sales rose 5% at KFC but fell 5% at Pizza Hut.

Total revenues rose 15% to $2.2 billion.

Stock: Shares tumbled 7% after hours in the stock market today. Yum Brands (YUM), the parent company of the three fast-food chains that spun off Yum China in 2016, was unchanged after hours. Yum Brands reports on Wednesday.