Arcos Dorados (ARCO) Scheduled to Post Earnings on Wednesday

Arcos Dorados (NYSE:ARCO) will release its earnings data before the market opens on Wednesday, November 13th. Analysts expect Arcos Dorados to post earnings of $0.16 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Arcos Dorados (NYSE:ARCO) last issued its earnings results on Wednesday, August 14th. The restaurant operator reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. Arcos Dorados had a return on equity of 36.55% and a net margin of 3.80%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the firm earned $0.14 EPS. Arcos Dorados’s revenue was up 6.8% on a year-over-year basis. On average, analysts expect Arcos Dorados to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Arcos Dorados Price Performance

Shares of NYSE:ARCO opened at $8.33 on Tuesday. Arcos Dorados has a fifty-two week low of $8.08 and a fifty-two week high of $13.20. The business has a 50-day simple moving average of $8.92 and a two-hundred day simple moving average of $9.42. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.57 and a current ratio of 0.63. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 10.28, a price-to-earnings-growth ratio of 2.59 and a beta of 1.16.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. decreased their target price on Arcos Dorados from $14.00 to $12.00 and set an “overweight” rating for the company in a research report on Friday, September 13th.

About Arcos Dorados

Arcos Dorados Holdings Inc operates as a franchisee of McDonald’s restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S.