Total revenues increased 8% year-over-year to $1.44 billion.

Net income rose 11% to $283 million and EPS grew 14% to $0.92. Adjusted EPS increased 27% to $1.01.

Worldwide system sales, excluding foreign currency translation, grew 1%.

Link to infograph: https://news.alphastreet.com/yum-earnings-all-you-need-to-know-about-yum-brands-q3-2020-earnings-results/

Cognizant Technology Solutions Corp  (NASDAQ: CTSH) Q3 2020 earnings call dated Oct. 28, 2020.

Revenues remained relatively flat year-over-year at $4.2 billion. GAAP net income was $348 million, or $0.64 per share, compared to $497 million, or $0.90 per share, in the same period a year ago. Adjusted EPS was $0.97. For the full year of 2020, revenues are expected to be approx. $16.7 billion while adjusted EPS is expected to be $3.63-3.67

Katie Royce — Global Head of Investor Relations Vice President, Corporate Communications

Brian Humphries — Chief Executive Officer

Jan Siegmund — Chief Financial Officer

Jason Kupferberg — Bank of America Merrill Lynch — Analyst

Lisa Ellis — MoffettNathanson — Analyst

Ashwin Shirvaikar — Citi — Analyst

Bryan Bergin — Cowen & Company — Analyst

Keith Bachman — BMO Capital Market — Analyst

James Friedman — Susquehanna Financial Group — Analyst

eBay Inc  (NASDAQ: EBAY) Q3 2020 earnings call dated Oct. 28, 2020

eBay (EBAY) stock drops after Q3 earnings slightly miss estimates. E-commerce giant eBay Inc. (NASDAQ: EBAY) reported higher earnings and revenues for the third quarter of 2020. But the company’s stock declined on Wednesday evening. The company also revised up its full-year guidance. Net income was $664 million or $0.88 per share in the September-quarter, compared to $310 million or $0.25 per share in the prior-year quarter. Adjusted earnings advanced to $0.85 per share in the latest quarter from $0.52 per share in the third quarter of 2019. Driving the bottom-line growth, net revenues rose 25% annually to $2.61 billion, helped by an increase in gross merchandise volume. There was a 5% growth in the number of annual active buyers, for a total of 183 million global active buyers

Joe Billante — Vice President of Communications and Investor Relations

Jamie Iannone — President and Chief Executive Officer

Andy Cring — Interim Chief Financial Officer

Scott Devitt — Stifel — Analyst

Richard Kramer — Arete Research — Analyst

Colin Sebastian — Robert W. Baird — Analyst

Tom Champion — Piper Sandler — Analyst

Stephen Ju — Credit Suisse — Analyst

Youssef Squali — Truist Securities — Analyst

Edward Yruma — KeyBanc Capital Markets — Analyst

Robert Drbul — Guggenheim Securities — Analyst

Brian Nowak — Morgan Stanley — Analyst

United Parcel Service, Inc. (NYSE: UPS) Q3 2020 earnings call dated Oct. 28, 2020.

Revenues increased nearly 16% year-over-year to $21.2 billion. Net income rose 11.8% to $2 billion, or $2.24 per share. Adjusted EPS rose 10.1% to $2.28.. UPS is not providing guidance due to the uncertainty related to the pandemic.

Scott Childress — Investor Relations Officer

Carol B. Tome — Chief Executive Officer

Brian Newman — Chief Financial Officer

Amit Mehrotra — Deutsche Bank — Analyst

Chris Wetherbee — Citi — Analyst

Allison Poliniak — Wells Fargo Securities — Analyst

David Ross — Stifel Financial Corp. — Analyst

David Vernon — Bernstein — Analyst

Allison Landry — Credit Suisse — Analyst

Scott Schneeberger — Oppenheimer — Analyst

Ravi Shanker — Morgan Stanley — Analyst

Jordan Alliger — Goldman Sachs — Analyst

Jack Atkins — Stephens, Inc. — Analyst

Scott Group — Wolfe Research — Analyst

Jairam Nathan — Daiwa — Analyst

Brandon Oglenski — Barclays — Analyst

MasterCard Inc. (NYSE: MA) Q3 2020 earnings call dated Oct. 28, 2020

Warren Kneeshaw — Head of Investor Relations

Ajay Banga — Chief Executive Officer

Michael Miebach — President and Chief Executive Officer-Elect

Sachin Mehra — Chief Financial Officer

Craig Maurer — Autonomous Research — Analyst

Lisa Ellis — MoffettNathanson — Analyst

Darrin Peller — Wolfe Research — Analyst

Bob Napoli — William Blair — Analyst

Jason Kupferberg — Bank of America — Analyst

Tien-Tsin Huang — JPMorgan — Analyst

James Faucette — Morgan Stanley — Analyst

Bryan Keane — Deutsche Bank — Analyst

Chris Donat — Piper Sandler — Analyst

Sanjay Sakhrani — KBW — Analyst

Ramsey El-Assal — Barclays — Analyst

Visa Inc  (NYSE: V) Q4 2020 earnings call dated Oct. 28, 2020

Visa Inc (NYSE: V) reported fourth-quarter 2020 financial results after the closing bell on Wednesday. The payment services company reported a 17% decline in Q4 revenues to $5.1 billion but surpassed the Wall Street consensus. Earnings of $1.12 per share were also better than what analysts had anticipated. Visa shares gained 1% immediately following the announcement. The stock has lost 5% of its value since the beginning of this year.

Mike Milotich — Senior Vice President of Investor Relations

Alfred F. Kelly, Jr. — Chairman and Chief Executive Officer

Vasant Prabhu — Vice Chairman and Chief Financial Officer

Dan Dolev — Mizuho Securities — Analyst

Robert Napoli — William Blair & Company — Analyst

Bryan Keane — Deutsche Bank Securities — Analyst

Sanjay Sakhrani — Keefe, Bruyette & Woods — Analyst

Ramsey El-Assal — Barclays — Analyst

Lisa Ellis — MoffettNathanson — Analyst

Dan Perlin — RBC Capital Markets — Analyst

Tien-Tsin Huang — J.P. Morgan — Analyst

Jason Kupferberg — Bank of America Merrill Lynch — Analyst

Darrin Peller — Wolfe Research — Analyst

Biopharmaceutical company  Gilead Sciences Inc (NASDAQ: GILD) Wednesday said its third-quarter earnings increased, aided by higher revenues. The results also exceeded the market’s prediction. Adjusted earnings increased 29% to $2.11 per share from $1.64 per share a year earlier. Analysts were looking for a smaller bottom-line number. Net income, on an unadjusted basis, came in at $360 million or $0.29 per share, compared to a loss of $1.17 billion or $0.92 per share in the prior-year period. Revenues moved up 17% year-over-year to $6.58 billion in the September-quarter and exceeded the market’s prediction. The company’s stock closed Wednesday’s regular trading lower, hut gained during the after-hours session

Corporate Participants:

Douglas Maffei — Senior Director, Investor Relations

Daniel O’Day — Chairman and Chief Executive Officer

Johanna Mercier — Chief Commercial Officer

Merdad Parsey — Chief Medical Officer

Andrew Dickinson — Chief Financial Officer

Diana Brainard — Senior Vice President, HIV and Emerging Viral Infections

Ford Motor Company (NYSE: F) Q3 2020 earnings call dated Oct. 28, 2020

Revenues rose 1% year-over-year to $37.5 billion. Net income amounted to $2.4 billion, or $0.60 per share, compared to $0.4 billion, or $0.11 per share, last year. Adjusted EPS was $0.65

Lynn Antipas Tyson — Executive Director, Investor Relations

James D. Farley — Chief Executive Officer

John Lawler — Chief Financial Officer

Marion Harris — President and Chief Executive Officer, Ford Motor Credit Company

John Murphy — Bank of America – Merrill Lynch — Analyst

Rod Lache — Wolfe Research — Analyst

Emmanuel Rosner — Deutsche Bank Research — Analyst

Adam Jonas — Morgan Stanley — Analyst

Ryan Brinkman — JP Morgan — Analyst

Mark Delaney — Goldman Sachs — Analyst

Brian Johnson — Barclays — Analyst

Dan Levy — Credit Suisse — Analyst

Joseph Spak — RBC Capital Markets — Analyst

General Electric offers an earnings surprise in Q3. General Electric (NYSE: GE) reported third-quarter 2020 financial results before the opening bell on Wednesday. The industrial giant reported a 17% decline in Q3 revenues to $19.4 billion, which fell short of the Wall Street consensus. Meanwhile, the company surprised the street with a profit of $0.06 per share, even as investors were anticipating a loss.

GE shares gained 3.5% immediately following the announcement. The stock has fallen 40% since the beginning of this year. CEO H. Lawrence Culp, Jr. said in a statement, “We are improving our profit and cash performance with organic margin expansion in every segment except Aviation, though orders more broadly remain under pressure.”

Boston Scientific Corporation, doing business as Boston Scientific, is a manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. Boston Scientific is primarily known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries. With the full acquisition of Cameron Health in June 2012, the company also became notable for offering a minimally invasive implantable cardioverter-defibrillator which they call the EMBLEM Subcutaneous Implantable Defibrillato