Arcos Dorados Holdings Inc. (ARCO) revealed a profit for third quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $35.214 million, or $0.17 per share. This compares with $59.721 million, or $0.28 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.7% to $1.133 billion from $1.125 billion last year.
Arcos Dorados Holdings Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $35.214 Mln. vs. $59.721 Mln. last year.-EPS (Q3): $0.17 vs. $0.28 last year.-Revenue (Q3): $1.133 Bln vs. $1.125 Bln last year.
For comments and feedback contact: editorial@rttnews.com
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.