Arcos Dorados (NYSE:ARCO) Issues Earnings Results, Beats Expectations By $0.01 EPS
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6 Articles
Arcos Dorados (NYSE:ARCO) Issues Earnings Results, Beats Expectations By $0.01 EPS
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.
Arcos Dorados recorded a profit of US$31.2 million in the third quarter, a decrease of 79.2% in the annual comparison. The revenues of the operator of McDonald's restaurants in Latin America came to US$1.32 billion between July and September, high of 11.3% over the same period of 2025. We had a robust third quarter, says Luis Raganato, director-president of Arcos Dorados, in note. Our growth was driven by a higher average ticket and also encoura…
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