Arcos Dorados Holdings Inc. (ARCO) to Release Earnings on Wednesday
Arcos Dorados Holdings Inc. (NYSE:ARCO) is scheduled to release its earnings data before the market opens on Wednesday, November 8th.
Arcos Dorados Holdings (NYSE:ARCO) last posted its quarterly earnings results on Wednesday, August 9th. The restaurant operator reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.10 by ($0.12). Arcos Dorados Holdings had a return on equity of 14.68% and a net margin of 1.76%. The company had revenue of $798.70 million for 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 10.00 on Wednesday. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 38.46 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. The stock’s 50 day moving average price is $9.92 and its 200 day moving average price is $8.88.
About Arcos Dorados Holdings
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.
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