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

Arcos Dorados (NYSE:ARCO) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, May 15th. Individual interested in listening to the company’s earnings conference call can do so using this link.

Arcos Dorados (NYSE:ARCO) last released its quarterly earnings data on Wednesday, March 13th. The restaurant operator reported $0.27 earnings per share for the quarter. Arcos Dorados had a return on equity of 43.72% and a net margin of 4.18%. The firm had revenue of $1.16 billion during the quarter. 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 2.9 %

NYSE:ARCO opened at $10.99 on Wednesday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.72 and a quick ratio of 0.66. The firm has a market cap of $2.32 billion, a PE ratio of 12.93, a price-to-earnings-growth ratio of 0.94 and a beta of 1.27. The company has a 50-day moving average of $11.16 and a 200 day moving average of $11.45. Arcos Dorados has a 1-year low of $8.28 and a 1-year high of $13.20.

Arcos Dorados Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be paid 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 2.18%. Arcos Dorados’s dividend payout ratio is presently 28.24%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Arcos Dorados from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Arcos Dorados currently has a consensus rating of “Moderate Buy” and an average price target 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.