Arcos Dorados Holdings (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
