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

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

Arcos Dorados Stock Up 4.6 %

Shares of Arcos Dorados stock traded up $0.36 on Wednesday, hitting $8.16. 184,531 shares of the company traded hands, compared to its average volume of 1,286,878. The company has a quick ratio of 0.57, a current ratio of 0.63 and a debt-to-equity ratio of 1.40. Arcos Dorados has a 12-month low of $7.02 and a 12-month high of $11.96. The company has a 50-day moving average price of $7.76 and a 200 day moving average price of $8.29. The company has a market cap of $1.72 billion, a PE ratio of 11.70 and a beta of 1.09.

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.