Arcos Dorados Holdings Inc expected to post breakeven results a share - Earnings Preview

Arcos Dorados Holdings

09/08/2021 15:14

* Arcos Dorados Holdings Inc  ARCO.N   ARCO.K  is expected
to show a rise in quarterly revenue when it reports results on
August 11. 
* The Montevideo, Uruguay-based company is expected to report 
 a 92.1% increase in revenue to $561.318 million from $292.2
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Arcos Dorados Holdings
Inc is for breakeven results per share. For the same quarter
last year, the company reported a loss of 43 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Arcos Dorados
Holdings Inc is $6.67​, about 8% above​ its last closing price
of $6.13. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.01       -0.01      -0.14     Missed  -1,300
 Dec. 31 2020  0.00        0.00       0.12      Beat    
 Sep. 30 2020  -0.17       -0.17      -0.14     Beat    17.6​
 Jun. 30 2020  -0.37       -0.37      -0.43     Missed  -16.2
 Mar.          -0.01​      -0.01      -0.24     Missed  -2,400
 31​ 2020​                                              ​
 Dec. 31 2019  0.07        0.07       0.18      Beat    134.8​
 Sep. 30 2019  0.08        0.08       0.13      Beat    52.9
 Jun. 30 2019  0.08        0.08       0.05      Missed  -37.5
 This summary was machine generated August 9 at 14:14 GMT.  All
figures in US dollars unless otherwise stated