Arcos Dorados Holdings (NYSE:ARCO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.13b (flat on 3Q 2023).

• Net income: US$35.2m (down 41% from 3Q 2023).

• Profit margin: 3.1% (down from 5.3% in 3Q 2023).

• EPS: US$0.17 (down from US$0.28 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Arcos Dorados Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.3%.

Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are up 2.1% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for Arcos Dorados Holdings that you should be aware of before investing here.

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