FinancialBuzz.com’s latest Buzz on the Street: General Motors Company (NYSE: GM), Yum! Brands, Inc. (NYSE: YUM), Facebook, Inc. (NASDAQ: FB) Earnings
General Motors Company (NYSE: GM) delivered better-than-expected earnings report this quarter with Income of $2.5 Billion. The automakers sales in North America grew more than 11% to $27.65 billion, while International sales fell 18% to $4.58 billion.
General Motors is committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Cadillac, Chevrolet, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands.
Yum! Brands, Inc. (NYSE: YUM) earned $1.04 per share, beating original estimates of 58 cents per share. Specifically, Taco Bell had a growth of 5% while Pizza hut fell by 1%. KFC meanwhile grew 3%. Since the announcement, Yum’s price grew by 4.5%.
Yum! Brands, Inc., based in Louisville, Kentucky, has over 45,000 restaurants in more than 140 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over seven new restaurants per day on average, making it a leader in global retail development.
Facebook, Inc. (NASDAQ: FB) missed the mark when it came to daily and monthly active users by about 20 million. Despite the low active user count, the social media sites EPS came in at $1.76, which was 29 cents higher than estimated. Mark Zuckerberg still plans to “breach” the 18 to 20 billion revenue mark during 2019.
Facebook’s mission is to give people the power to build community and bring the world closer together. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them.
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