Yum! Brands Inc ( NYSE:YUM ) quarterly earning below analysts' expectations but shares leap higher



Yum! Brands Inc. (NYSE: YUM) reported results for the quarter ended in March 2011:
It has reported a profit of $0.63 per share with special items loss of $ 0.09 per share. Its final EPS was $ 0.54. It has reconfirmed its full year guidance with a growth of at least 10% excluding Special Items. Its net income was $264 million compared with $241 million a year ago of the same period.

Analysts' expected a slightly higher profit of $0.64 per share and a lower revenue around $ 240 million with a full year guidance of 12 % growth in FY11.
Shares of the company was higher in Premarket trading more than 5.5% or $ 2.95 at $ 54.50. 



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