UPDATE 1-Yum quarterly profit tops Street

* Q4 EPS excluding items 50 cents vs Street view 48 cents

* Repeats call for 2010 EPS growth of at least 10 percent

* Shares slip 1 percent after hours on results

LOS ANGELES, Feb 3 (Reuters) - Yum Brands Inc (YUM.N), the parent of the KFC, Taco Bell and Pizza Hut fast-food chains, reported quarterly profit that topped Wall Street's estimate as China continued to drive profits.

Fourth-quarter net income was $216 million, or 45 cents per share, compared with net income of $204 million, or 43 cents per share, a year earlier, Yum said on Wednesday.

Profit excluding special items was 50 cents per share, topping analysts' average call for a per-share profit of 48 cents, according to Thomson Reuters I/B/E/S.

Total revenue was roughly flat from a year ago at $3.4 billion.

Yum repeated its call for 2010 earnings per share growth of at least 10 percent, fueled in large part by new international units.

Yum shares slipped to $35 after closing down 48 cents at $35.34 on the New York Stock Exchange. (Reporting by Lisa Baertlein; editing by Andre Grenon)