Arcos Dorados Holdings: Q1 Earnings Insights

Arcos Dorados Holdings ARCO reported its Q1 earnings results on Wednesday, May 18, 2022 at 07:30 AM.

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

Arcos Dorados Holdings beat estimated earnings by 100.0%, reporting an EPS of $0.12 versus an estimate of $0.06.

Revenue was up $229.56 million from the same period last year.

Last quarter the company beat on EPS by $0.06 which was followed by a 0.94% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.16	0.06	0.01	-0.01
EPS Actual	0.22	0.12	0.02	-0.14
Revenue Estimate	750.54M	676.95M	542.45M	546.08M
Revenue Actual	777.13M	725.84M	592.70M	561.12M

To track all earnings releases for Arcos Dorados Holdings visit their earnings calendar here.

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

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