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Arcos Dorados (ARCO) Gears Up for Q2 Earnings: What's in Store?
ZACKS· 2024-08-12 21:15
Arcos Dorados Holdings Inc. (ARCO) is scheduled to report second-quarter 2024 results on Aug 14.Q2 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 13 cents per share, down 7.1% year over year. In the past 30 days, earnings estimates for the quarter have witnessed downward revisions of 38.1%. The consensus mark for revenues is pegged at $1.05 billion, up 1.6% year over year.Factors to NoteArcos Dorados’ second-quarter 2024 top line is likely to have been aided by robust comparable sales, expa ...
New Strong Sell Stocks for July 26th
ZACKS· 2024-07-26 19:51
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Arcos Dorados Holdings Inc. (ARCO) is a franchisee of McDonald’s restaurants. The Zacks Consensus Estimate for its current year earnings has been 2.3% downward over the last 60 days.Herc Holdings Inc. (HRI) is an equipment rental supplier. The Zacks Consensus Estimate for its current year earnings has been revised 3.4% downward over the last 60 days.Nissan Motor Co., Ltd. (NSANY) is an automobile manufacturing giant. The Zacks Consens ...
New Strong Sell Stocks for June 28th
ZACKS· 2024-06-28 19:55
文章核心观点 - 3家公司被列入Zacks Rank 5(强烈卖出)名单 [1][2][3] - 这3家公司分别是BRP、Core & Main和Arcos Dorados,它们的当前年度盈利预测在过去60天内分别下调了21.2%、10.4%和7.4% [1][2][3] 公司概况 BRP - BRP设计、开发、制造和分销休闲车辆 [1] Core & Main - Core & Main是一家专门分销水、污水、雨水排放和消防产品及相关服务的专业分销商,面向市政、私人水务公司和专业承包商等客户 [2] Arcos Dorados - Arcos Dorados是麦当劳的特许经营商,业务分布在巴西、拉丁美洲北部和南部以及加勒比地区 [3]
7 Oversold Stocks to Buy in June 2024
Investor Place· 2024-06-05 00:30
Investors with a contrarian bent are likely interested in figuring out what are the top oversold stocks to buy. However, it’s reasonable to say that “oversold” is in the eye on the beholder.That is, as Investopedia explains in its definition, “oversold” is a subjective term. There are technical trading tools that can help you identify oversold stocks. Most notably, the Relative Strength Index.However, merely buying every stock with a technically oversold rating (below 50) does not guarantee you will profit ...
Arcos Dorados (ARCO) Q1 Earnings Fall Y/Y, Sales Top Estimates
zacks.com· 2024-05-16 21:40
Arcos Dorados Holdings Inc. (ARCO) reported first-quarter 2024 results, with revenues beating the Zacks Consensus Estimate. The top line increased year-over-year, while the bottom line fell from the prior-year quarter’s figure.During the quarter, the company stated benefits from the integration of the business model with the Three-D's strategy (Digital, Delivery, and Drive-thru). Also, the emphasis on pricing, product assortment and guest traffic management resulted in comparable sales growth exceeding infl ...
Arcos Dorados (ARCO) - 2024 Q1 - Earnings Call Presentation
2024-05-16 01:56
Arcos Dorados 1Q24 Results May 15, 2024 Disclaimer This presentation contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. Forward-looking statements can be identified by terminology such as "may," "will," "would," "could," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" or the negative of these terms or other similar expressions or phrases. These forward-looking ...
Arcos Dorados (ARCO) - 2024 Q1 - Earnings Call Transcript
2024-05-16 01:56
Arcos Dorados Holdings Inc. (NYSE:ARCO) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Daniel Schleiniger - Investor Relations Marcelo Rabach - Chief Executive Officer Luis Raganato - Chief Operating Officer Mariano Tannenbaum - Chief Financial Officer Conference Call Participants Daniel Schleiniger Good morning, everyone, and thank you for joining our First Quarter 2024 Earnings Webcast. With us today are Marcelo Rabach, our Chief Executive Officer; Luis Raganato, our Chief ...
Arcos Dorados (ARCO) - 2024 Q1 - Quarterly Report
2024-05-15 19:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2024 Commission File Number: 001-35129 Arcos Dorados Holdings Inc. (Exact name of registrant as specified in its charter) Río Negro 1338, First Floor Montevideo, Uruguay, 11100 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports und ...
Arcos Dorados (ARCO) - 2023 Q4 - Annual Report
2024-04-30 05:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
Wall Street Favorites: 3 Restaurant Stocks With Strong Buy Ratings for April 2024
InvestorPlace· 2024-04-12 02:36
餐饮股票交易基金 - Invesco Leisure and Entertainment ETF (PEJ)是最大的餐饮股票交易基金,拥有2.98亿美元的净资产[1] - AdvisorShares Restaurant ETF (EATZ)是一个专注于餐厅连锁店的行业特定ETF,但净资产不足300万美元,不建议购买[2] - PEJ和EATZ今年以来涨幅分别为10%和6%,EATZ过去六个月涨幅超过28%,显示餐饮股票正在复苏[3] Yum China Holdings - Yum China Holdings (YUMC)是三家餐饮股票中最大的,市值为155亿美元,分析师中有22位给予“买入”评级,目标价为55.07美元[4]