Arcos Dorados Holdings Inc. (NYSE:ARCO) will announce its earnings results before the market opens on Tuesday, October 31st.

Arcos Dorados Holdings (NYSE:ARCO) last issued its quarterly earnings data on Wednesday, August 9th. The restaurant operator reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.12). Arcos Dorados Holdings had a net margin of 1.76% and a return on equity of 14.68%. The business had revenue of $798.70 million during the quarter. On average, analysts expect Arcos Dorados Holdings to post $0.38 EPS for the current fiscal year and $0.34 EPS for the next fiscal year.

Arcos Dorados Holdings Inc. (ARCO) opened at 10.564 on Tuesday. The company has a 50 day moving average price of $9.78 and a 200 day moving average price of $8.79. The firm has a market capitalization of $2.23 billion, a price-to-earnings ratio of 40.631 and a beta of 2.15. Arcos Dorados Holdings Inc. has a 12 month low of $5.20 and a 12 month high of $10.80.

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A number of brokerages have weighed in on ARCO. BidaskClub upgraded Arcos Dorados Holdings from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 14th. Citigroup Inc. upgraded Arcos Dorados Holdings from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $10.10 to $10.60 in a report on Monday, August 28th. ValuEngine downgraded Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Zacks Investment Research downgraded Arcos Dorados Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Arcos Dorados Holdings currently has an average rating of “Buy” and a consensus price target of $9.53.

Arcos Dorados Holdings Company Profile

Arcos Dorados Holdings Inc is a McDonald’s franchisee. The Company operates or franchises over 2,140 McDonald’s-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay.

Earnings History for Arcos Dorados Holdings (NYSE:ARCO)

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