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0 0.00166230366492143 0.00196335078534027 -0.00252617801047125 -0.0235602094240838 -0.0150523560209424 -0.0171465968586388 -0.0124345549738221
Stock impact report

Arcos Dorados Q1 Earnings Miss Estimates, Revenues Surpass [Yahoo! Finance]

Arcos Dorados Holdings Inc. Class A Shares (ARCO) 
Last arcos dorados holdings inc. class a shares earnings: 3/18 08:00 am Check Earnings Report
US:NYSE Investor Relations: arcosdorados.com/ir.html
Company Research Source: Yahoo! Finance
On a year-over-year basis, the bottom line grew while the top line tumbled. During the quarter, management highlighted the impact of adverse foreign currency translation effects and macroeconomic pressures in several key markets. While revenues in constant currency grew year over year, U.S. dollar-denominated figures were dragged down by weaker local currencies, especially in Brazil and Argentina. Additionally, cautious consumer spending across Latin America limited traffic growth at its restaurants. Following the results, the company's shares lost 5.6% during trading hours yesterday. The company reported adjusted earnings per share (EPS) of 7 cents, which lagged the Zacks Consensus Estimate of 13 cents by 46.2%. In the year-ago quarter, it reported an adjusted EPS of 14 cents. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Arcos Dorados Holdings Inc. price-consensus-eps-surprise-chart | Arcos Dorados Holdings Inc. Quote The quarterly revenues of $ Show less Read more
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