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Yum Brands beats quarterly expectations

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Yum Brands, the parent company of Taco Bell, KFC and Pizza Hut, reported quarterly results that topped analysts' expectations.

Adjusted earnings per share came in at $1.61. That was above expectations of $1.60 per share.

Revenue of $2.36 billion was ahead of projections of $2.35 billion.

Read more from CNBC.

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