Arcos Dorados: Q4 Earnings Snapshot

Associated Press Finance
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MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported fourth-quarter net income of $55.8 million.

The company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.

The restaurant owner posted revenue of $1.18 billion in the period. Its adjusted revenue was $1.16 billion.

For the year, the company reported profit of $181.3 million, or 86 cents per share. Revenue was reported as $4.3 billion.

Arcos Dorados shares have decreased roughly 6% since the beginning of the year. The stock has increased 52% 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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