Arcos Dorados (ARCO) Scheduled to Post Quarterly Earnings on Friday

Arcos Dorados (NYSE:ARCO) will be posting its quarterly earnings results on Friday, April 26th.

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

ARCO opened at $10.93 on Thursday. The company has a fifty day moving average price of $11.31 and a 200-day moving average price of $11.35. The firm has a market capitalization 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. 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 has a one year low of $7.78 and a one year high of $13.20.

Arcos Dorados Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.20%. Arcos Dorados’s dividend payout ratio (DPR) is currently 28.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of 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 assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $13.38.

Arcos Dorados Company Profile

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.