Arcos Dorados (ARCO) Lags Q1 Earnings Estimates

Core Viewpoint - Arcos Dorados reported quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.13 per share, representing a 46.15% earnings surprise [1] - The company posted revenues of $1.08 billion for the quarter, matching year-ago revenues and surpassing the Zacks Consensus Estimate by 0.86% [2] Financial Performance - The earnings of $0.07 per share compare to $0.14 per share a year ago, indicating a decline in profitability [1] - Over the last four quarters, Arcos Dorados has surpassed consensus EPS estimates two times and topped revenue estimates four times [2] Stock Performance - Arcos Dorados shares have increased approximately 12.1% since the beginning of the year, outperforming the S&P 500's gain of 0.1% [3] - The current Zacks Rank for the stock is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the coming quarter is $0.22 on revenues of $1.12 billion, and for the current fiscal year, it is $0.71 on revenues of $4.69 billion [7] - The outlook for the Retail - Restaurants industry is currently in the bottom 20% of Zacks industries, which may impact stock performance [8]