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Arcos Dorados: 4Q Earnings Snapshot

Arcos Dorados: 4Q Earnings Snapshot

MONTEVIDEO, Uruguay (AP) _ Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported fourth-quarter net income of $9.2 million.

On a per-share basis, the company said it had net income of 4 cents.

The restaurant owner posted revenue of $753.3 million in the period.

For the year, the company reported profit of $36.8 million, or 18 cents per share. Revenue was reported as $3.08 billion.

Arcos Dorados shares have fallen slightly more than 5 percent since the beginning of the year. The stock has fallen 16 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCO at https://www.zacks.com/ap/ARCO

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