Arcos Dorados (ARCO) ZACKS·2024-11-13 14:45Financial Performance - Arcos Dorados reported quarterly earnings of 0.16 per share, but down from 1.13 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.97%, compared to revenues of 0.14 on revenues of 0.66 on revenues of $4.4 billion [7] Market Performance - Arcos Dorados shares have declined approximately 33.8% since the beginning of the year, contrasting with the S&P 500's gain of 25.5% [3] - The company has surpassed consensus EPS estimates only once in the last four quarters, while it has topped consensus revenue estimates three times during the same period [2] Earnings Outlook - The estimate revisions trend for Arcos Dorados is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call [3][4] Industry Context - The Retail - Restaurants industry, to which Arcos Dorados belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]