Recap: Arcos Dorados Holdings Q3 Earnings

Arcos Dorados Holdings ARCO reported its Q3 earnings results on Wednesday, November 10, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Arcos Dorados Holdings their estimated earnings by 100.0%, reporting an EPS of $0.12 versus an estimate of $0.06, which surprised analysts.

Revenue was up $259,037,000 from the same period last year.

Last quarter the company beat on EPS by $0.01, which was followed by a 2.85% increase in the share price the next day.

Here's a look at Arcos Dorados Holdings's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.01	-0.01		-0.17
EPS Actual	0.02	-0.14	0.12	-0.14
Revenue Estimate	542.45M	546.08M	565.00M	432.00M
Revenue Actual	592.70M	561.12M	605.70M	466.80M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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