Yum Brands Earnings Slightly Below Expectations

By Gabe Bullard

Published April 21, 2011 at 12:13 AM EDT

The latest financial reportfrom Louisville-based Yum Brands is slightly below expectations.The fast food giant's first-quarter earnings were 63 cents per share, one cent below Wall Street analysts' predictions. The report still shows an increase over the same period last year, when the company reported earnings of 59 cents per share.But shares have been trading slightly higher, likely due to an increase in business in China, where Yum Brands is expanding.

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