Arcos Dorados (NYSE:ARCO) Posts Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Arcos Dorados (NYSE:ARCO) released its quarterly earnings results on Wednesday. The restaurant operator reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.06, Zacks reports. Arcos Dorados had a return on equity of 29.74% and a net margin of 3.25%.

Arcos Dorados Trading Up 3.5 %

NYSE ARCO opened at $8.08 on Wednesday. Arcos Dorados has a 52-week low of $7.02 and a 52-week high of $11.92. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $1.70 billion, a P/E ratio of 11.56 and a beta of 1.09. The firm has a 50-day moving average price of $7.76 and a 200 day moving average price of $8.29.

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.