Arcos Dorados Holding – Lowers consolidated revenues growth guidance
Arcos Dorados Holding Inc (NYSE:ARCO). Last Market Price: 22.93, Change: +0.09, % Change: (0.39%). Shares trade in the range of 22.19 – 23.00 dollars. It has a market capitalization of 4.80B dollars, making it a Mid Cap Stock and has 209.53M outstanding shares. As per the most recent quarterly report, the net income per share (EPS) is 0.57; P/E of 40.17 indicating high expected future growth in earnings. It operates in Services sector and belongs to Restaurants industry. The company has a 52 week Price range (low – high) of $ 19.70 – 29.43. Average volumes of shares traded daily are 3,000,000. Volume traded in the last session was at 876,316, 0.29 times the average volume.
- Reports Q3 (Sep) GAAP earnings of $0.09 per share, in-line with the GAAP analysts estimate
- Revenues rose 24.7% year/year to $984 million
- Given recent currency movement: Company lowers consolidated revenues growth guidance to 21-23% from +22-24%
For Q2 (Jun ’11), It had a Net profit margin of 1.62%, an Operating margin of 4.06%. Other Key stats and ratios are : Return on average assets of 3.27%, Return on average equity of 9.15%. The organization has an employee strength of 86,002
Consensus Recommendation is a Outperform.
Estimate for sales for the Quarter Ending Dec-11 show a mean of 982.77 million dollars, an estimate high of 1,026.40 million dollars and an estimate low of 939.13 million dollars.
Estimate for sales for the Quarter Ending Mar-12 show a mean of 956.70 million dollars, an estimate high of 956.70 million dollars and an estimate low of 956.70 million dollars.
Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.28 dollars, an estimate high of 0.33 dollars and an estimate low of 0.22 dollars.
Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.21 dollars, an estimate high of 0.21 dollars and an estimate low of 0.21 dollars.
Sales for Quarter Ending Jun-11 was estimated at 853.30 million dollars, however the actual sales figure stood at 888.49 million dollars, 35.19 million dollars more than estimates.
Post Written By: Ed Liston
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht. |