Arcos Dorados (ARCO) to Release Earnings on Wednesday

Arcos Dorados (NYSE:ARCO) is scheduled to release its 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 (EPS) 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 Performance

Shares of ARCO stock opened at $10.99 on Wednesday. Arcos Dorados has a fifty-two week low of $8.28 and a fifty-two week high of $13.20. The stock’s 50-day moving average is $11.16 and its two-hundred day moving average is $11.45. 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 P/E ratio of 12.93, a PEG ratio of 0.94 and a beta of 1.27.

Arcos Dorados Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 2.18%. The ex-dividend date of this dividend is Monday, December 23rd. Arcos Dorados’s payout ratio is 28.24%.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Arcos Dorados from a “buy” rating to a “hold” rating in a report on Thursday, April 4th. One equities research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock 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.