Arcos Dorados Holdings Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Simply Wall St.08-16

Arcos Dorados Holdings (NYSE:ARCO) Second Quarter 2024 Results Key Financial Results Revenue: US$1.11b (up 6.8% from 2Q 2023). Net income: US$26.6m (down 6.1% from 2Q 2023). Profit margin: 2.4% (down...

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The decrease in margin was driven by higher expenses.NYSE:ARCO Earnings and Revenue Growth August 16th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue exceeded analyst estimates by 5.0%. Earnings per share  was mostly in line with analyst estimates.Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US.The company's share price is broadly unchanged from a week ago.Every company has them, and we've spotted   2 warning signs for Arcos Dorados Holdings   you should know about.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ARCO":"Arcos Dorados Holdings"},"translate_title":"Arcos Dorados Holdings 2024年第二季度收益：收入超出预期，每股收益符合预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARCO":1},"content_text":"Arcos Dorados Holdings (NYSE:ARCO) Second Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$1.11b (up 6.8% from 2Q 2023).\nNet income: US$26.6m (down 6.1% from 2Q 2023).\nProfit margin: 2.4% (down from 2.7% in 2Q 2023). The decrease in margin was driven by higher expenses.\nEPS: US$0.13 (down from US$0.14 in 2Q 2023).\n\n\n\n\n  NYSE:ARCO Earnings and Revenue Growth August 16th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nArcos Dorados Holdings Revenues Beat Expectations\n Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) was mostly in line with analyst estimates. \n Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Hospitality industry in the US. \nPerformance of the American Hospitality industry.\n The company's share price is broadly unchanged from a week ago. \nRisk Analysis\n What about risks? Every company has them, and we've spotted   2 warning signs for Arcos Dorados Holdings   you should know about. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2459691297"}