Arcos Dorados (ARCO) to Release Earnings on Friday

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

Arcos Dorados (NYSE:ARCO) last issued its quarterly earnings data on Wednesday, March 13th. The restaurant operator reported $0.27 earnings per share (EPS) for the quarter. The company had revenue of $1.16 billion during 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 Price Performance

Shares of NYSE ARCO opened at $10.93 on Thursday. The business’s 50 day moving average is $11.31 and its 200-day moving average is $11.35. The firm has a market cap of $2.30 billion, a P/E ratio of 12.86, a price-to-earnings-growth ratio of 0.91 and a beta of 1.26. Arcos Dorados has a 1-year low of $7.78 and a 1-year high of $13.20. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.38.

Arcos Dorados Announces Dividend

The company also recently disclosed 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. This represents a $0.24 annualized dividend and a yield of 2.20%. The ex-dividend date of this dividend is Monday, December 23rd. Arcos Dorados’s payout ratio is 28.24%.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Arcos Dorados from a “buy” rating to a “hold” rating in a research report on Thursday, April 4th. One analyst has rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Arcos Dorados has an average rating of “Moderate Buy” and a consensus 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.