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On Wednesday, August 12, Arcos Dorados Holdings (NYSE: ARCO) will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Analysts covering Arcos Dorados Holdings have modeled for quarterly EPS of $-0.37 on revenue of $256.00 million. Arcos Dorados Holdings EPS in the same period a year ago totaled $0.05. Revenue was $723.75 million. The Wall Street estimate would represent a 840.0% decline in the company's earnings. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Over the last 52-week period, shares are down 30.64%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Arcos Dorados Holdings is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://dpregister.com/DiamondPassRegistration/register?linkSecurityString=78449&confirmationNumber=10146371
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