Arcos Dorados: Q3 Earnings Snapshot
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MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Thursday reported third-quarter net income of $59.7 million.
The company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring costs, came to 30 cents per share.
The restaurant owner posted revenue of $1.13 billion in the period. Its adjusted revenue was $1.12 billion.
Arcos Dorados shares have climbed 26% since the beginning of the year. The stock has climbed 44% 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
