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Arcos Dorados (NYSE:ARCO) Issues Earnings Results, Beats Expectations By $0.01 EPS

Published by MarketBeat · United States 1 h ago
Image from MarketBeat Media, LLC.
Image from MarketBeat Media, LLC. · MarketBeat

Detailed summary

Arcos Dorados (NYSE:ARCO - Get Free Report) released its quarterly earnings results on Thursday. The restaurant operator reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.01. Arcos Dorados had a net margin of 5.15% and a return on equity of 12.50%. The business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.32 billion.

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