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Earnings Outlook: Yum earnings: Taco Bell, KFC will be solid, but Pizza Hut continues to struggle

Bloomberg News

Taco Bell, and its Naked Chicken Chalupas, are seen as an asset for Yum Brands earnings.

Yum Brands Inc. is expected to report fourth-quarter 2016 earnings results on Thursday before the opening bell.

Analysts are confident that Taco Bell and KFC will announce healthy same-store sales results while Pizza Hut continues to falter.

Yum Brands YUM, +0.15% shares have an average overweight rating with a $69.10 price target, early 4% higher than Tuesday’s close of $66.49.

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Here’s what to expect:

Earnings: Analysts polled by FactSet forecast earnings per share of 73 cents, up from 68 cents for the same period last year.

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