Arcos Dorados Reports First Quarter 2017 Financial Results

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Arcos Dorados (ARCO) Reports Q1 EPS of $0.19

May 3, 2017 8:03 AM EDT

Arcos Dorados (NYSE: ARCO) reported Q1 EPS of $0.19, versus $0.08 reported last year. Revenue for the quarter came in at $781.5 million, versus $658.5 million reported last year.

As reported consolidated revenues increased 18.7% to $781.5 million versus the first quarter of 2016. On a constant currency basis1, consolidated revenues grew 17.0%, or 9.2% excluding Venezuela.Systemwide comparable... More