Arcos Dorados Holdings Inc reports results for the quarter ended in June - Earnings Summary

Arcos Dorados Holdings

11/08/2021 14:00

* Arcos Dorados Holdings Inc  ARCO.N  reported quarterly
adjusted earnings of 3 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for a loss of 3 cents per share.
* Revenue rose 102.4% to $591.28 million from a year ago; 
analysts expected $556.82 million. 
* Arcos Dorados Holdings Inc's reported EPS for the quarter was
2 cents​.
* The mean earnings estimate of analysts had fallen by
about 279.6% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Arcos Dorados Holdings Inc shares had fallen by 0.7% this
quarter and gained 17.9% so far this year.
* The company reported quarterly net income of $4.93 million.
* Wall Street's median 12-month price target for Arcos Dorados
Holdings Inc is $6.67 
* 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." 
This summary was machine generated August 11 at 01:00 p.m.  ​All
figures in US dollars unless otherwise stated