Arcos Dorados (ARCO) Scheduled to Post Earnings on Friday

Arcos Dorados (NYSE:ARCO) is scheduled to 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. Arcos Dorados had a return on equity of 43.72% and a net margin of 4.18%. The business had revenue of $1.16 billion for 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 Trading Down 2.0 %

Shares of ARCO opened at $10.93 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.66 and a current ratio of 0.72. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 12.86, a PEG ratio of 0.91 and a beta of 1.26. The stock has a fifty day moving average price of $11.31 and a two-hundred day moving average price of $11.35. Arcos Dorados has a 52-week low of $7.78 and a 52-week high of $13.20.

Arcos Dorados Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be paid a $0.06 dividend. The ex-dividend date of this dividend 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 presently 28.24%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Arcos Dorados from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. One 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, the stock currently has an average rating of “Moderate Buy” and a consensus 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.