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Stock impact report

Why Arcos Dorados (ARCO) Outpaced the Stock Market Today [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
The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%. The restaurant owner's shares have seen a decrease of 4.12% over the last month, not keeping up with the Retail-Wholesale sector's gain of 5.25% and the S&P 500's gain of 5.11%. Investors will be eagerly watching for the performance of Arcos Dorados in its upcoming earnings disclosure. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $0.95 per share and revenue of $4.66 billion, indicating changes of +6.74% and +8.37%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Arcos Dorados. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. Our research Show less Read more
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