Arcos Dorados (ARCO) Scheduled to Post Earnings on Friday

Arcos Dorados (NYSE:ARCO) is scheduled to post its quarterly earnings results on Friday, April 26th.

Arcos Dorados (NYSE:ARCO) last posted its earnings results on Wednesday, March 13th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter. The firm had revenue of $1.16 billion for the quarter. Arcos Dorados had a return on equity of 43.72% and a net margin of 4.18%. 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 Trading Down 2.0 %

NYSE:ARCO opened at $10.93 on Thursday. The company has a market cap of $2.30 billion, a P/E ratio of 12.86, a P/E/G ratio of 0.91 and a beta of 1.26. The stock’s fifty day moving average price is $11.31 and its two-hundred day moving average price is $11.35. Arcos Dorados has a 1 year low of $7.78 and a 1 year high of $13.20. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.72 and a quick ratio of 0.66.

Arcos Dorados Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.06 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.24 annualized dividend and a dividend yield of 2.20%. Arcos Dorados’s dividend payout ratio is currently 28.24%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Arcos Dorados from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.38.

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.