Recap: Arcos Dorados Holdings Q3 Earnings

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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.

Earnings

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.

Past Earnings Performance

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

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

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

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ARCOArcos Dorados Holdings Inc
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