Arcos Dorados Holdings Q2 EPS $0.22 Beats $0.15 Estimate, Sales $1.305B Beat $1.290B Estimate
Arcos Dorados Holdings (NYSE:ARCO) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.15 by 46.67 percent. This is a 100 percent increase over earnings of $0.11 per share from
Arcos Dorados made more profit than experts predicted—they earned $0.22 per share instead of the expected $0.15, and also sold more food than expected. When a company beats what people thought it would do, it can mean the business is running really well and people might feel more confident about it.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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