Arcos Dorados Holdings (ARCO) Reports Q3 EPS of $0.09, Sales Fall Short
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Arcos Dorados Holdings (NYSE: ARCO) reported Q3 EPS of $0.09, $0.16 worse than the analyst estimate of $0.25. The decrease was a result of lower net income, partially offset by lower weighted-average number of outstanding shares (please refer to Axis Split-off and IPO explanations in previous releases).
Revenue for the quarter came in at $984 million versus the consensus estimate of $1 billion.
Revenue for the quarter came in at $984 million versus the consensus estimate of $1 billion.
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