Arcos Dorados (ARCO) Scheduled to Post Earnings on Friday

Arcos Dorados (NYSE:ARCO) is scheduled to issue its quarterly earnings data on Friday, April 26th.

Arcos Dorados (NYSE:ARCO) last issued its quarterly earnings results on Wednesday, March 13th. The restaurant operator reported $0.27 EPS for the quarter. The company had revenue of $1.16 billion for the quarter. Arcos Dorados had a net margin of 4.18% and a return on equity of 43.72%. 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 NYSE:ARCO opened at $10.93 on Thursday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.38. The company has a market capitalization 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 firm’s 50-day moving average is $11.31 and its 200 day moving average is $11.35. Arcos Dorados has a 12 month low of $7.78 and a 12 month high of $13.20.

Arcos Dorados Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be given 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 yield of 2.20%. Arcos Dorados’s payout ratio is 28.24%.

Wall Street Analyst Weigh In

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