Skip to main content

Arcos Dorados: Q4 Earnings Snapshot

MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Thursday reported fourth-quarter net income of $25.2 million.

On a per-share basis, the company said it had profit of 12 cents. Losses, adjusted for pretax gains, came to 4 cents per share.

The restaurant owner posted revenue of $1.27 billion in the period.

For the year, the company reported profit of $212.1 million, or $1.01 per share. Revenue was reported as $4.68 billion.

Arcos Dorados shares have risen roughly 5% since the beginning of the year. The stock has decreased 5.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCO at https://www.zacks.com/ap/ARCO

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story

Related News

Knicks take 1-0 lead into game 2 against the Spurs

Beijing bans 4 New Zealand lawmakers from entering China because they visited Taiwan

Police warn families of Tiananmen crackdown dead not to visit graves on 37th anniversary