Arcos Dorados (ARCO) Reports Q4 Loss, Beats Revenue Estimates

Arcos Dorados (ARCO) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.2. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -120.00%. A quarter ago, it was expected that this restaurant owner would post earnings of $0.1 per share when it actually produced earnings of $0.12, delivering a surprise of +20%.Over the last four quarters, the company has surpa ...